The major Indian equity indices opened flat with a negative bias and then finally ended the day on a weak note. The Sensex closed at the level of 17631.71 i.e., down by 47.1 points and the Nifty closed at the level of 5334.6 i.e., down by 15.65 points. This led the midcap and the small-cap counters to close negative by over a percentage point each. On the sectoral front, the indices closed mixed. IT index closed as the major gainer with gains of nearly a percentage point while Metal index closed as the major loser with losses of over two percentage points. Further, the market breadth closed weak as only one stock were seen advancing for every three declines.