An evening walk down Dalal Street on December 14, 2018

Episode 704,   Dec 14, 2018, 12:15 PM

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Benchmark indices closed rangebound session on a flat note Friday despite weakness in global peers due to growth concerns in world's largest economy China. Overall it was a consolidation day after the rally seen in previous three consecutive sessions.

The 30-share BSE ended with a positive bias but failed to hold on to 36,000 levels, rising 33.29 points to 35,962.93.

The 50-share NSE Nifty closed above 10,800 levels for the first time since December 4, up 14 points at 10,805.50.

The consolidation was on expected lines especially after three-day rally which discounted elections results and RBI governor news, experts said, adding the market could continue to get supported by stable oil prices and rupee with rate cut hope.