The S&P BSE Sensex and NSE Nifty 50 Indexes ended on a flat note as futures and options contracts for the month of June expired today. Gains in HDFC, Axis Bank, Tata Motors, State ank of India and Mahindra & Mahindra were offset by losses in Reliance Industries, Infosys, ITC, HDFC Bank and Kotak Mahindra Bank. The benchamrks opened higher in today's session with Sensex rising as much as 225 points and the Nifty 50 Index crossing 11,900. However, the benchmarks erased gains owing to weakness in information technology and FMCG shares.

The Sensex ended 6 points lower at 39,586.41 and the NSE Nifty 50 Index ended 6 points lower at 11,842.

In the June futures and options series Sensex declined 0.62 per cent and the Nifty fell 0.87 per cent.

Twelve of 19 sector gauges compiled by BSE ended higher led by the S&P BSE Realty Index's 1.7 per cent gain.

Auto, Consumer Durables, Bankex, Finance, and Consumer Discretionary Goods & Services Indexes also rose between 0.5 and 1 per cent each.

On the other hand, S&P BSE Energy and Information Technology Indexes were top loser, down 0.7 per cent each.

Mid- and small-cap shares witnessed buying interest as the S&P BSE MidCap Index rose 0.36 per cent and S&P BSE SmallCap Index advanced 0.53 per cent.

Tata Motors was top gainer in the Nifty 50 basket of shares, the stock rose 2.5 per cent to close at Rs 165.10. Mahindra & Mahindra, Indiabulls Housing Finance, Eicher Motors, Bharti Infratel, Indian Oil, Axis Bank, Titan, ONGC, HDFC and State Bank of India were also among the gainers.

On the flipside, Tech Mahindra, UPL, HCL Technologies, Reliance Industries, Hindalco, Adani Ports and ITC were among the losers.