Markets end flat, but post first weekly gain in five

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Reuters
Last Updated : Sep 11 2015 | 3:57 PM IST

REUTERS - India's stock markets closed nearly flat on Friday, with capital goods shares such as Larsen & Toubro ending lower ahead of July industrial output data due later in the day.

India's economy grew a historically modest 7 percent last quarter but industrial output has generally been strong. It is expected to have increased 3.5 percent in July from a year ago, according to a Reuters poll.

The BSE Sensex ended 0.05 percent lower on Friday while the Nifty gained 0.02 percent.

For the week, the BSE Sensex has gained 1.62 percent, while the Nifty gained 1.75 percent, recording their first weekly gain in five weeks.

(Reporting by Karen Rebelo in Mumbai; Editing by Anand Basu)

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First Published: Sep 11 2015 | 3:49 PM IST

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