Weak global cues and recessionary fears continue to spook markets. Nifty and Sensex pare losses to close flat, climbing to the highest point of the day. The recovery was aided by the IT and the metals pack. The proposal to extend trading hours from 9 AM to 5 PM gains traction move come as the regulator aims to move towards regular liquidity operations. NSE Chief Ashish Chauhan backs the proposal, saying 6 hours is not good enough for a market like India. India's largest carmaker Maruti Suzuki announces the launch of two SUVs at next month's Auto Expo. Company chief RC Bhargava alludes to the lack of infra for the company's delayed EV foray. Market regulator SEBI announces changes to buyback norms. SEBI chief Madhabi Puri Buch says they intend to phase out buybacks via exchanges gradually. The minimum utilisation amount for buybacks via exchanges has now been raised to 75% versus 50% earlier. Google announces a whole host of features on its video streaming platform YouTube. New expected features to include a "search in video" option. This & More On #BusinessTodayTV.