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.

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

28 stocks ended higher in the Nifty 50 index, while 22 ended lower.

Shares of HCL Technologies (up 3.19 per cent), Infosys (up 2.01 per cent) and Tech Mahindra (up 1.68 per cent) ended as the top gainers.

Shares of Shriram Finance (down 2.26 per cent), Power Grid Corporation of India (down 1.98 per cent) and Bharat Electronics (BEL) (down 1.30 per cent) closed as the top losers in the index.

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

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stories by Nishant Kumar

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