Stock market today: Benchmark indices ended higher in Wednesday’s session but closed well off their intraday highs, as profit-booking continued in financial counters and FMCG stocks. A cautious tone prevailed as investors looked to lock in recent gains, weighing on broader market sentiment.
Investor mood was further dampened by the lack of fresh triggers and limited progress in trade negotiations between the Trump administration and China. The mid- and small-cap segments, which had recently outperformed large-cap peers, also saw notable selling pressure during the session.
Eventually, the Nifty 50 settled 0.17% higher at 25,140, closing above the 25,000 mark for the third consecutive session, while the Sensex gained 125 points, or 0.15%, to end at 82,511. In contrast, the Nifty Midcap 100 and Nifty Smallcap 100 indices declined over 0.50%.
Meanwhile, Indian and U.S. officials made progress in bilateral trade talks held in New Delhi, discussing key areas such as industrial goods, agriculture, tariff reductions, and non-tariff barriers, Reuters reported, citing Indian government sources.
On the economic front, the World Bank, in its Global Economic Prospects—June 2025 report, projected India’s economy to grow slightly faster at 6.5% in FY27 and 6.7% in FY28. However, it lowered its global growth forecast to 2.3% for the year, citing escalating trade tensions and policy uncertainty.
