Indian Indices End Flat on Thursday on Profit Booking

MT Newswires Live
Yesterday

Indian benchmark indices finished little changed on Thursday after briefly scaling fresh all-time highs, as profit booking at elevated levels capped gains.

Sentiment stayed broadly constructive on expectations of a U.S. Federal Reserve rate cut in December, renewed foreign inflows and improving domestic macro indicators, even as the market paused after its recent rally.

The BSE Sensex rose 110.87 points, or 0.1%, to 85,720.38 after hitting an intraday record of 86,055.86. The NSE Nifty 50 closed up 10.25 points, or 0.04%, at 26,215.55, retreating from its all-time high of 26,310.45.

Eicher Motors (NSE:EICHERMOT, BOM:505200) fell nearly 3% to top the losers, followed by Adani Enterprises (NSE:ADANIENT, BOM:512599) and Maruti Suzuki India (NSE:MARUTI, BOM:532500).

Bajaj Finance (NSE:BAJFINANCE, BOM:500034), Shriram Finance (NSE:SHRIRAMFIN, BOM:511218) and ICICI Bank (NSE:ICICIBANK, BOM:532174) led the gainers.

In corporate developments, Mahindra Electric Automobile, a unit of Mahindra & Mahindra (NSE:M&M, BOM:500520), unveiled its new seven-seater electric SUV, the XEV 9S, with bookings opening on Jan. 14, 2026, and deliveries from Jan. 23, 2026.

Separately, HDB Financial Services (NSE:HDBFS, BOM:544429) raised 3.03 billion rupees through a private placement of non-convertible debentures in two tranches.

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