''The broader Indian markets consolidated yesterday but there were gains in the IT, pharma and banking sectors. With FII flows moderating over the last few days, markets are expected to remain range bound with stock specific action,'' said ICICIdirect.

''Domestic markets closed positive after a volatile day of trade due to lack of directional cues from the global markets and absence of substantial positive triggers on the domestic front,'' it said.

''US markets closed positive after a weak start on the heels of the release of some upbeat US economic data with the National Association of Realtors' report showing an unexpected increase in existing home sales in October,'' it added.

Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.