India, March 12 -- Indian shares fluctuated before ending on a flat note Wednesday.
A cautious undertone prevailed as U.S. President Donald Trump's increased tariffs on all U.S. steel and aluminum imports took effect and the European Union retaliated, saying it will impose counter tariffs on 26 billion euros ($28 billion) worth of U.S. goods from next month.
On the positive side, Ukraine signaled its readiness to accept a U.S. proposal for an "immediate, interim 30-day ceasefire" with Russia, following talks in Saudi Arabia.
Also in focus today was the release of key U.S. consumer inflation data later in the day, which could provide additional clues on the Fed's rate trajectory this year.
The benchmark 30-share Sensex dropped 72.56 poin...