The Sensex opened with a positive gap of 25 points at 12,373. Fresh buying in early trades saw the index rally to a high of 12,444. Persistent selling in select index heavyweights capped the up move.
Selective profit-taking saw the index pare gains and slip into the negative zone to touch a low of 12,305 - down 139 points from the day's high. The index, however, bounced back into the positive zone and ended with a gain of 12 points at 12,360.
The Nifty gained 16 points to close at 3,664.
The index, thus, ended higher for the third consecutive week - gaining 2.6% (317 points) during this week.
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