The market failed to hold onto the opening gains but extended the winning streak for seventh straight session on March 25 as Nifty managed to close above 23,650.

On the back of positive global cues, the market opened on a solid note with Nifty above 23,700, and with extending buying it crossed 23,800 in the initial hours. However, mid-session profit booking erased most of the day's gains to end with little change.

At close, the Sensex was up 32.81 points or 0.04 percent at 78,017.19, and the Nifty was up 10.30 points or 0.04 percent at 23,668.65.

Except IT, all other sectoral indices ended in the red with auto, capital goods, consumer durables, metal, oil & gas, power, PSU bank, realty, telecom down 1-1.5 percent.

UltraTech Cement, Trent, Bajaj Finserv, Infosys, Grasim Industries were among major gainers on the Nifty, while losers were IndusInd Bank, Dr Reddy's Labs, Adani Enterprises, Coal India, Adani Ports.

BSE Midcap index shed 1 percent and Smallcap index was down 1.6 percent.

70 stocks touched 52-week high on the BSE, including SBI Cards, JSW Holdings, Shree Cements, JSW Steel, Bajaj Finance, TCPL Packaging, Kotak Mahindra Bank, Chambal Fertilisers, Jupiter Life Line Hospitals, among others.