Indian equities ended marginally higher on Wednesday, erasing most of their intraday gains due to late-session profit booking.
Despite the volatility, the market extended its winning streak to six consecutive sessions, supported by optimism around a potential US–India trade deal.
On the sectoral front, the Nifty IT index gained 2%, driven by strength in select large-cap technology stocks, while the Private Bank index added 0.5% amid steady institutional buying.
In contrast, the Oil & Gas index declined 0.6%, weighed down by weakness in select energy and upstream names.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY IT
2.2
NIFTY PSU BANK
0.3
NIFTY PRIVATE BANK
0.5
NIFTY REALTY
0.2
NIFTY MEDIA
0.3
NIFTY METAL
0.1
NIFTY FMCG
0.3
NIFTY CONSUMER DURABLES
0.0
Top News
Bharat Forge shares jumped over 4% after reports confirmed the company qualified as the L1 bidder for 60% of the Indian Army’s CQB Carbine programme, with contract finalisation currently underway.
Hindustan Unilever Ltd (HUL) gained nearly 3% following a better-than-expected Q2 FY26 result, driven by a 4% rise in profit and a one-off tax gain.
Meanwhile, gold loan companies like Muthoot Finance and Manappuram Finance fell as gold prices retreated for the third straight session, prompting profit booking in bullion-linked stocks.
