Today

The Indian stock market ended on a flat note with the Sensex rising by 91 points to close at 83,667.85, and the Nifty settling at 25,541.80, up 26.85 points, reflecting cautious investor sentiment ahead of key global events. While headline indices remained range-bound throughout the session, selective buying was seen in PSU bank stocks and defense-related counters, with Bharat Electronics (BEL) gaining 2.7% and Apollo Hospitals surging 3.6%, signaling strength in healthcare and defense sectors. Reliance Industries also contributed positively with a 1.8% rise. On the flip side, IT and Media stocks underperformed due to weak global tech cues and some profit booking, dragging the broader market. Sector-wise, PSU Banks led the gains, while FMCG and IT sectors remained subdued. Global cues were mixed, with stable oil prices and flat US futures keeping market momentum in check. Experts suggest that the market is in a consolidation phase after a strong rally in June, with Nifty expected to face resistance around 25,650 and support near 25,450 in the coming sessions.