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Volatile day in the Indian Markets ahead of F&O expiry on Thursday, with the Nifty mostly traded in green and closed flat at 5394.85. Tracking Asian Markets which have erased their losses in Intra day Nifty opened flat and traded in a narrow range of 30 points till Noon. A brief selling in the after noon session saw the Nifty fell to day's low of 5368.65 and almost made a double bottom (day before yesterday low 5374 and yesterday low 5369), but immediately recovered 25 odd points to close at 5394.85 which was higher by 8.33 points than day before yesterday's close.

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