Sensex, Nifty end flat as gains offset by profit booking in IT stocks

The NSE Nifty 50 index closed 0.01% lower at 15,923.40, while the S&P BSE Sensex fell 0.04% to 53,140.06. Both indexes ended the week nearly 1.5% higher, their first weekly gain in three.

Indian shares pulled back from record highs to close little changed on Friday as gains in metal and pharmaceutical stocks were offset by a profit-taking spree in the IT sector. The NSE Nifty 50 index closed 0.01% lower at 15,923.40, while the S&P BSE Sensex fell 0.04% to 53,140.06. Both indexes ended the week nearly 1.5% higher, their first weekly gain in three.