Stock markets edge up amid weak global market trends, tariff-related uncertainty
Benchmark stock indices Sensex and Nifty closed marginally higher in a range-bound trade on Wednesday as investors stayed on the sidelines amid weak global market trends and tariff-related uncertainty.
Rising for the second day in a row, the 30-share BSE Sensex edged up 63.57 points or 0.08 per cent to settle at 82,634.48. During the day, it hit a high of 82,784.75 and a low of 82,342.94.
The 50-share NSE Nifty ended 16.25 points or 0.06 per cent higher at 25,212.05.
Among Sensex firms, Mahindra & Mahindra, Tech Mahindra, State Bank of India, Infosys, Adani Ports and ITC were the major gainers.
However, Eternal, Sun Pharma, Tata Steel, Tata Motors, Bajaj Finance and Bharat Electronics were among the major laggards.
Tech Mahindra rose by 1.94 per cent ahead of its financial results that were announced after market hours. The company posted a 30 per cent jump in consolidated profit after tax to Rs 1,128.8 crore in the June quarter of FY26 over the year-ago period.
Infosys rebounded by 1.5 per cent, helping the key indices close in green.
Business