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Indian shares end flat; tech stocks gain, ONGC falls

Source : REUTERS
Last Updated: Mon, Feb 25, 2013 10:20 hrs

MUMBAI, Feb 25 (Reuters) - Indian shares ended flat on Monday, and not far off yearly lows, as technology firms such as Infosys rose on hopes the 2013/14 budget would provide incentives for exporters, while ONGC fell on worries about a potentially higher oil subsidy burden.

Infosys Ltd provisionally rose 2.8 percent, while Oil and Natural Gas Corp Ltd fell 2.15 percent, ahead of the 2013/14 budget to be presented on Thursday.

The BSE index provisionally ended flat, barely above its lowest close since Dec. 24 hit on Friday.

The 50-share NSE index ended up 0.08 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)




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