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Sensex, Nifty End Flat After Lackluster Session

Indian shares ended largely unchanged on Thursday as mixed global cues and a fourth consecutive monthly increase in retail inflation dented sentiment.

The benchmark 30-share S&P BSE Sensex ended the session down 15.45 points or 0.04 percent at 39,741.36 while the broader Nifty index inched up 7.85 points or 0.07 percent to 11,914.05.

YES Bank plunged 13.5 percent to extend recent string of losses.

Jet Airways shares plummeted 17.7 percent after the National Stock Exchange of India (NSE) said it would remove shares of the airline from daily trading from June 28.

Reliance Capital lost 4.1 percent as its statutory auditor Price Waterhouse and Co. Chartered Accountants Llp (PWC) resigned without submitting its audit report for fiscal 2019.

Indiabulls Housing Finance soared 11.9 percent after a writ petition alleging financial misdeeds against the mortgage lender was withdrawn in the Supreme Court.

Globally, Asian markets ended mostly lower in cautious trade, as trade worries, Hong Kong extradition protests and caution ahead of the upcoming G20 summit kept investors on the sidelines.

European stocks edged higher in early trade after a measure of U.S. consumer prices barely rose in May, bolstering expectations for Fed rate cuts this year.

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