Mumbai, June 22 (IANS): After two days of corrections, the Indian equity markets closed on a flat note during Thursday's trade session.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,351.53 points, provisionally closed at 31,290.74 points (at 3.30 p.m.) -- up a mere 7.10 points, or 0.02 per cent, from its previous close at 31,283.64 points.

It touched a new high of 31,522.87 points during intra-day trade. 

On the other hand, the wider Nifty of the National Stock Exchange (NSE) slipped by 3.60 points, or 0.04 per cent, to provisionally close at 9,630 points.

On Wednesday, the benchmark indices closed on a flat but marginally red note as negative global cues, outflow of funds and heavy selling pressure in automobile, metal, and oil and gas stocks subdued investors' sentiments.

The Nifty fell by 19.90 points, or 0.21 per cent, to 9,633.60 points, while the Sensex closed at 31,283.64 points -- down 13.89 points, or 0.04 per cent.