Indian share markets fluctuated between gains and losses but managed to make a little go a long way with the BSE Sensex closing 42 points higher at 49,201 while the NSE Nifty 50 index rose 45 points to end at 14,683.

Adani Ports was top Nifty gainer after the company informed the exchanges that it handled cargo volume of 73 million metric tonnes, registering a 27 percent year-on-year growth.  Other gainers, namely Tata Consumer Products, Asian Paints, JSW Steel, SBI Life, HDFC Life, UPL, Divi's Labs, Cipla, Sun Pharma, Dr Reddy's Labs, Hindustan Unilever and HDFC.

On the other hand, Power Grid, Eicher Motors, Grasim Industries, Axis Bank UltraTech Cement, IndusInd Bank, State Bank of India, Tata Steel and Shree Cement were among the losers.

Among sectoral indices, the Nifty Pharma index was the top sectoral gainer, ending with gains of 1.8 percent. All the constituents of the index ended higher. The Nifty Metal index continued its winning run, ending higher for the seventh straight day with gains of 1.4 percent. The index ended at the highest level since April 2011. The Nifty FMCG index was the other sectoral gainer, ending 0.9 percent higher.

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