Sensex, Nifty end flat amid volatile trade, smallcap stocks outperform

The Indian stock market experienced a choppy session on Wednesday, with benchmark indices closing nearly unchanged despite significant intraday fluctuations.

The BSE Sensex settled at 75,939.18, down 28.21 points or 0.04%. The index touched an intraday high of 76,338.58 and a low of 75,581 before ending flat.

Similarly, the NSE Nifty 50 slipped 12.40 points or 0.05% to close at 22,932.90, moving within a range of 23,049.95 to 22,814.85 throughout the session.

“The Nifty has moved within a range, maintaining a volatile trend. The 22,800 level remains crucial support. As long as it holds, a sharp decline is unlikely,” said Rupak De of LKP Securities.

The rupee traded lower at 86.81 against the US dollar, pressured by rising crude oil prices above $72.40 (WTI). Meanwhile, the dollar index remained stable near 107.

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