A benchmark index for Indian equities on Monday pared most of its intra-day losses and closed on a dull note.
The 30-scrip sensitive index (Sensex) of the BSE, which opened at 16,812.3 points, closed at 16,818.62 points (provisional), 28.21 points or 0.17 % down from its previous close at 16,846.83 points.
It had slipped over 155 points in morning trade to an intra-day low of 16,691.21 points.
The 50-scrip S&P CNX Nifty of the National Stock Exchange also ended lower at 5,043.55 points, down 0.13 % or 6.6 points from its previous close.
The Sensex and the Nifty had rallied over 7 % in the previous week.
Broader markets also closed lacklustre with the BSE 500 index edging 0.05 % down.