Mumbai, April 20 -- Indian equities closed largely flat on Monday as ongoing uncertainty and elevated tensions between the United States and Iran kept investor sentiment cautious.

The NSE Nifty 50 index ended at 24,364.85, rising by 11.30 points or 0.05 per cent, while the BSE Sensex closed at 78,520.30, gaining 26.76 points or 0.03 per cent.

Market participants remained watchful of global developments, particularly around the Strait of Hormuz and the evolving geopolitical situation in West Asia.

Vinod Nair, Head of Research at Geojit Investments, said that renewed disputes over the reopening of the Strait of Hormuz injected volatility into global markets.

"Investors interpreted the recent disruptions in the Middle East as potential n...