Overall it was a muted session for both markets with indices closed in flat after a volatile session even though opened with good gains. Stocks like Shree Cements, Maruti, Icici Bank, Nestle, Britannia, Ultratech and Tata Steel closed in green with more than 2% gains. Stocks like Bpcl, Gail, Powergrid, Sun pharma, Ioc and Vedl closed in red with more than 1.5% loss. Market is eagerly waiting for the PM speech scheduled today at 4pm. On the global front also not much positive news – European indices are trading flat and Down Jones future now trading with 57 point loss.