Market Wrap: Sensex and Nifty End Flat Amid Profit-Taking

by Marcus Liu - Business Editor
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Indian Stocks End flat with Negative Bias

Indian stocks ended flat with a negative bias on Friday, with the Sensex and the Nifty swinging between red and green as investors locked in gains near record territory and weighed expectations of potential interest-rate cuts in both the U.S. and India alongside incoming domestic growth signals.

The S&P BSE Sensex edged down 13.7 points, or 0.02%, to settle at 85,706.67, while the NSE Nifty 50 slipped 12.6 points, or 0.05%, to 26,202.95.Both benchmarks hovered in a narrow range through the day after scaling fresh record highs in the previous session.

On the 30-stock Sensex, shares of Mahindra & Mahindra, Sun Pharma, Kotak Mahindra Bank, State Bank of India and hindustan Unilever paced the advances, each rising between 1% and 2%. Power Grid, Eternal,Bharti Airtel, Axis Bank and Infosys

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