Sensex Snaps Losing Streak, Nifty Slips Amid Cautious Trade

What Happened

Indian equities closed on a mixed note on Thursday, with the BSE Sensex gaining 113.61 points (0.15%) to settle at 78,079.96, while the Nifty 50 slipped 40.10 points (0.16%) to close at 24,395.85. Investor sentiment was supported by softer inflation trends in India and the US, but elevated crude oil prices and global geopolitical risks kept gains in check. Broader markets outperformed, with the Nifty Midcap and Smallcap indices rising 0.15% and 0.27%, respectively. Buying in stocks such as IndiGo, NTPC and BEL offset weakness in ICICI Bank, Reliance Industries and UltraTech Cement.