Indian markets closed flat with a negative bias on Monday tracking mixed cues.The S&P BSE Sensex index was down 12 points while the Nifty50 rose 31 points to close at 24,572.
Euro hits 17-month low as French debt fears, US inflation lift dollar
The euro reached a 17-month low against the dollar due to worries over France’s budget deficit. Concerns about a potential euro-zone debt crisis have heightened