Published on 11 Jul 2022 on Reuters via Yahoo Finance
Indian shares pare losses to end flat after reports of export tax on steel ending
By Sethuraman N R
BENGALURU (Reuters) - Indian shares pared most of the losses on Monday to end flat following reports the country may soon abolish export tax on key steel products to revive demand lifted metals stocks, offsetting a selloff in technology companies on demand worries.
The NSE Nifty 50 index ended flat at 16,216, while the S&P BSE Sensex fell 0.16% to 54,395.23. The indexes had fallen about 0.7% earlier in the session.