While the Sensex closed near flat at 38,285 on Tuesday, the S&P BSE Sensex Next 50 advanced 229 points or 0.67 per cent to close at 34,634.7. UPL, Ambuja Cements, Glenmark and Cummins advanced in the range of 4-6.7 per cent. The advance/decline was biased towards advance with 30 stocks gaining against 20 declining. The S&P BSE Sensex Next 50 measures the performance of the next 50 largest and liquid stocks after the constituents of S&P BSE Sensex 50 in the S&P BSE LargeMidCap.