India, May 19 -- After languishing in negative territory for much of the day's trading session, European stocks closed mixed on Monday with several markets seeing some brisk buying at several key counters past mid afternoon.

The mood remained a bit cautious as investors continued to assess global economic prospects amid fresh tariffs, and lingering concerns on the geopolitical front. A downward revision in U.S. government's credit outlook by Moody's weighed on sentiment.

The UK's landmark agreement with the European Union aided sentiment to an extent and triggering some buying interest in the closing hour.

British Prime Minister Keir Starmer signed an agreement in London today with the heads of the European Union, marking a new chapter i...