New Delhi, Sept. 8 -- Friday, after a volatile session, the Indian equity markets closed on a flat note, as early gains driven by optimism over the new GST reforms were largely erased by profit booking in the latter half of the day. The Nifty 50 eked out a marginal gain, rising 6.70 points, or 0.03%, to settle at 24,741.00, extending its rally for a third consecutive day. Overall, the market appeared to be in a consolidation phase, with low participation and mixed global cues keeping upside capped.

The Indian equity markets ended flat in a volatile session on September 5, with the Nifty 50 inching up just 6.70 points to close at 24,741, marginally higher by 0.03%. The index traded in a narrow range of 24,621 to 24,832, reflecting caution...