Benchmark indices ended rangebound session on a flat note after the RBI maintained status quo and changed policy stance to neutral from accommodative.
The Sensex was down 45.24 points at 28289.92 and the Nifty gained 0.75 points at 8769.05. The broader markets outperformed, with the BSE Midcap index rising 0.5 percent. About 1509 shares advanced against 1365 declining shares on the exchange.
HDFC Bank and SBI gained half a percent while ICICI Bank, Axis Bank and HDFC were down 0.5-0.9 percent.
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