New Delhi, Nov. 18 -- Indian equity market closed lower on Monday as investors booked profit in the final hour of trading, wiping out most of the intraday gains. Weak macro-economic data also weighed on the sentiment. However, Bharti Airtel Ltd, Tata Steel Ltd and UPL Ltd bucked the trend in the broader market and were the biggest gainers among the Nifty 50 companies.

The BSE Sensex fell 72.50 points or 0.18% to close at 40,284.19. The Nifty 50 index slipped 10.95 points or 0.09% to close at 11,884.50.

Asian markets were trading mixed. Japan's Nikkei 225 index rose 0.49%, Hong Kong's Hang Seng index 1.35% and China's Shanghai Composite Index 0.62%, while Korea's KOSPI index lost 0.07%, Australia's S&P/ASX 200 index 0.40% and Indonesia's...