Sensex, Nifty 50 end with modest gains— 10 key highlights from Indian stock market today

Indian stock market benchmarks, the Sensex and the Nifty 50, ended with modest gains on Wednesday, June 11, amid largely positive global cues. The Sensex closed 123 points, or 0.15 per cent, higher at 82,515.14, while the Nifty 50 settled with a gain of 37 points, or 0.15 per cent, at 25,141.40.

Mid and small-cap segments ended mixed. The BSE Midcap slipped 0.12 per cent, while the BSE Smallcap index rose 0.06 per cent.

Indian stock market: 10 key highlights from the day

1. Why did the Indian stock market end lacklustre today?

Indian stock market ended lacklustre on profit booking amid stretched valuations. Infosys ended as the top contributor to the gain in the Sensex index. Conversely, HDFC Bank ended as the top drag on the index.

“Profit booking continues in the broader markets, driven by elevated domestic valuations. However, large-cap resilience is supporting the indices, with institutional investors favouring companies with stable earnings outlooks,” said Vinod Nair, Head of Research, Geojit Investments Limited.

“Following the recent rally, the market lacks clear direction as investors await key macroeconomic data and updates on trade negotiations. US inflation data, due later today, is expected to show a slight uptick, driven by recent tariff increases,” said Nair.

(This is a developing story. Please check back for fresh updates.)

Read all market-related news here

Read more stories by Nishant Kumar

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.