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Stock markets end little changed in rangebound trade

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Reuters MUMBAI

MUMBAI (Reuters) - Indian stocks ended little changed on Thursday, but still became the third best performing market in Asia Pacific so far this month amid resumption of buying by foreign investors and forecast of a timely monsoon.

Shares have risen nearly 3 percent so far this month, after foreign portfolio investors, key behind stocks hitting record highs in March, bought cash shares worth nearly $345 million in the past four sessions.

Profit-booking in some blue chips after shares rose to near one-month high in the previous session, and lower Asian shares kept trading range bound throughout the day.

The benchmark BSE Sensex fell 0.1 percent, while and the broader Nifty lost 0.03 percent.

 

(Reporting by Abhishek Vishnoi; Editing by)

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First Published: May 21 2015 | 4:18 PM IST

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