BSE Sensex provisionally ends flat as banks recover

Mumbai (Reuters) - The BSE Sensex regained the fag end of the trading and closed flat, led by gains in banking stocks.

Banking shares recovered from earlier losses, in expectation of the Reserve Bank of India could cut the cash reserve ratio for banks on or before its April 17 policy meeting.

The Nifty the bank sub-index closed up 0.18 percent after falling as much as 1.3 percent earlier.

The shares were down earlier as investors were uncertain of rap rate cut by the central bank next week, and after a tsunami warning after an earthquake in Indonesia.

The country's main 30-share BSE index provisionally closed up 0.03 percent at 17,248.52 points and the 50-share index rose nIf 0.32 per cent at 5,226.85.

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