The Indian stock market ended the trading session on Wednesday on a flat note. After posting gains in the first two trading sessions of the week, India’s stock market showed a mixed trend on this day. While Nifty managed to secure a small gain, Sensex slipped slightly.
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Sensex slips, Nifty gains
In Wednesday’s session, the Sensex fell 40 points, or 0.04 per cent, to close at 84,233. In contrast, the Nifty50 gained 19 points, or 0.07 per cent, ending at 25,953. The marginal movement reflected a cautious mood among investors, with neither index recording significant gains or losses.
Mid-cap and small-cap indices also displayed mixed performance. While mid-cap indices closed slightly lower compared to the previous session, small-cap indices registered modest gains.
Sectoral indices show mixed trend
A similar pattern was visible across sectoral indices. Auto, pharma, realty, infrastructure, metal, banking and financial services stocks ended in positive territory. However, energy, capital market, services and IT indices closed lower.
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Commenting on the market trend, Vinod Nair, Head of Research at Geojit Investments Limited, said that after a strong rally around the US–India trade deal, the domestic stock market may now move into a consolidation phase. He added that investors are closely watching third-quarter earnings, the upcoming monthly inflation data, and the finer details of the trade agreement, which is expected to be finalised soon.
