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Sensex ends flat; tech stocks gain, ONGC falls

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Reuters Delhi, India

MUMBAI (Reuters) - The Sensex 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 Sensex provisionally ended flat, barely above its lowest close since December 24 hit on Friday.

The Nifty ended up 0.08 percent.

(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

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First Published: Feb 25 2013 | 3:49 PM IST

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