Indian shares end flat; Infosys falls, Mahindra gains

MUMBAI Tue Nov 20, 2012 3:38pm IST

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MUMBAI Oct 18 (Reuters) - Indian shares ended flat as Infosys fell a recent uptick on the stock was unjustified given concerns over its business outlook, while Mahindra & Mahindra rose to an all-time high on expectations for improving sales during the festival season.

Infosys provisionally fell 1.3 percent, while Mahindra & Mahindra rose 3.3 percent after earlier hitting a record at 942.40 rupees.

The BSE index provisionally fell 0.05 percent, while the 50-share NSE index ended flat. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

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