Nifty crosses 14K-mark, but closes flat (Roundup)

Mumbai, Dec 31 : After rising to new record highs, the main indices of the Indian equity market closed on a flat note on Thursday.
The day’s FII inflows were just about Rs 1,135.59 crore on Thursday, down from their average of over Rs 1,500 crore.
Nevertheless, during the intra-day session, the NSE Nifty50 crossed the 14,000 mark for the first time ever.
The index touched a record high of 14,024.85 points amid a largely subdued trade. BSE Sensex also hit a fresh high of 47,896.97 points.
Globally, some major Asian bourses were closed for the New Year’s holidays on Thursday while the handful that remained open edged up to end a tumultuous 2020 at record highs.
However, European stocks dropped in thin trading on the final trading day of a rollercoaster year even as tighter coronavirus restrictions in the UK and a move by the US to raise tariffs on some EU products dampened sentiment.