Indian Stocks Close Flat

Stocks lose a fraction.
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MUMBAI -- Indian stocks experienced a flat Monday, with the BSE Sensex losing 6.98 points, or 0.06%, to close at 12,365.83.

Out of the 30 scrips in the Sensex, 17 scrips closed higher.

Laggards Monday were

HDFC

, which shed 2.77%,

Reliance Energy

, down 2.14%, and

Tata Steel

, down 1.96%.

The gainers were

Cipla

, up 2.15%,

L&T

, up 1.96% and

Infosys Technologies

(INFY) - Get Report

, up 1.35%.

Ashok Leyland

gained 2.56% as it said it is mulling a bus assembly plant in UAE.

This story was created through a joint venture between TheStreet.com and IRIS.