BENGALURU: Indian shares closed largely flat on Monday as upbeat November services activity data helped reverse earlier losses in the final minutes of a volatile session.
The S&P BSE Sensex closed 0.05% lower at 62,834.60. The NSE Nifty 50 index settled 0.03% higher at 18,701.05.
Both the indexes fell as much as 0.6% earlier in the session.
“Positive services PMI data could have triggered the recovery from lower levels in intraday trade,” said Shrikant Chouhan, Head of Equity Research (Retail) at Kotak Services.
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