Nifty, Sensex recover from early losses to end flat

Nifty, Sensex recover from early losses to end flat

Nifty, Sensex

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The broader NSE Nifty closed down 0.01 per cent at 10,767.65, while the benchmark BSE Sensex ended 0.05 per cent lower at 35,443.67

Indian shares ended largely flat on Friday as losses in both indexes on account of profit-booking were capped by gains in Sun Pharmaceutical Industries Ltd after its Halol plant received Voluntary Action Indicated (VAI) status from the U.S. health regulator.

The broader NSE Nifty closed down 0.01 per cent at 10,767.65, while the benchmark BSESensex ended 0.05 per cent lower at 35,443.67.

Both indexes posted their third straight weekly gain, with the NSE index climbing 0.67 per cent and BSE rising 0.61 per cent for the week.

Shares of Sun Pharmaceutical Industries Ltd closed 8 per cent higher after the USFood and Drug Administration issued VAI status to the drugmaker's Halol plant, boosting confidence that the company would soon obtain clearance for the plant.