Indian equity benchmark -- Nifty -- trimmed early losses to end flat on Friday. Index made a negative start following broadly negative cues from other Asian markets. Soon, market extended its losses and continued to trade in red during morning session. Traders were cautious as exchange data showed Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,263.21 crore on Thursday. However, in afternoon session, market witnessed some recovery to trade near neutral lines. Traders took note of Commerce and Industry Minister Piyush Goyal’s statement that talks were progressing fast between India and New Zealand and expressed hope that the free trade agreement will be finalised soon. In late afternoon session, market continued to trade near neutral lines as traders avoided to take risk. Finally, index ended below 25,500 mark.
