Indian equity markets extended gains for the second straight session but ended flat amid volatility, as uncertainty over the Iran–US ceasefire weighed on sentiment. After a mildly positive start, the market remained volatile and saw buying interest in the late morning session. However, profit booking in the afternoon erased all intraday gains, leading the indices to close on a flat note.
At close, the Sensex was up 26.76 points or 0.03 percent at 78,520.30, and the Nifty was up 11.30 points or 0.05 percent at 24,364.85. Among sectors, IT, Telecom, Realty shed 0.5% each, while Capital Goods, Media, Power, Energy, PSU Bank rose between 0.5-1%. Nearly 200 stocks touched their 52-week high on the BSE.
In stock-specific action, shares of Indian Energy Exchange declined 7%, while EMS Limited surged 7%. Sterling and Wilson Renewable Energy jumped 9% on new orders worth ₹3,550 crore. Oil prices surged but stayed below the $100 mark, while the rupee weakened, raising concerns about inflationary pressures.
