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Nifty, Sensex recover from early losses to end flat


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

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

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

Shares of Industries Ltd closed 8 percent higher after the issued VAI status to the drugmaker's plant, boosting confidence that the company would soon obtain clearance for the plant.

(Reporting by in Bengaluru, Editing by Sherry Jacob-Phillips)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Fri, June 08 2018. 16:33 IST