Indian benchmark indices ended marginally higher on December 11.
Sensex ended 16.09 points higher at 81,526.14, whereas Nifty concluded 31.75 points up at 24,641.80.
Trent, Bajaj Finance, Britannia Industries, Shriram Finance, Bajaj Finserv were among the top gainers on the Nifty, while losers included JSW Steel, Adani Ports, NTPC, SBI, Axis Bank.
Indian rupee ended flat at 84.84 per dollar on Wednesday versus Tuesday’s close of 84.85.
In the previous season, the Sensex edged up by 1.59 points, closing at 81,510.05, while the Nifty declined by 8.95 points to end at 24,610.05.
Foreign investors continued their bullish stance, purchasing equities worth Rs1,285 crores on Tuesday, indicating sustained interest in the Indian markets despite near-term volatility.
Traders and investors are keenly watching the release of the US Consumer Price Index (CPI) inflation data, a key event scheduled for today.
The data is expected to provide direction for global markets, particularly influencing central bank policy decisions and bond yields.
Market analysts suggest that the consolidation phase is typical during this period as participants assess economic data and corporate earnings before making significant moves.
The focus on global cues, especially inflation trends, will likely determine the near-term trajectory of the Indian markets.
