The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 23,620 level, a discount of nearly 38 points from the Nifty futures’ previous close.

Benchmark NSE Nifty50 index ended down 26.35 points at 23532.7, while the BSE Sensex stood 110.64 points at 77580.31. Among the 50 stocks in the Nifty index, 20 ended in the green

Stock Market Highlights: 29 out of the 50 constituent stocks of the benchmark NSE Nifty50 ended lower, dragged by Hindustan Unilever, Britannia Industries, BPCL, Tata Consumer, and Nestle India

On the 30-share Sensex platform, NTPC, Tata Motors and Infosys dominated in green. On the other side, Tata Steel, M&M, Adani Ports, SBI and JSW Steel emerged among the losers for the day

Indian benchmark equity indices opened lower on Wednesday after a rise in October retail inflation reduced expectations of a rate cut by the Reserve Bank of India (RBI) next month. This, coupled with weak earnings and ongoing foreign outflows,

Indian equity markets rose on Tuesday, with the BSE Sensex and Nifty50 gaining ground after a cautious start to the week. Strong investor interest in companies like Tata Motors and Asian Paints contributed to the upward trend.

Sun Pharma, Trent, HCL Tech, Infosys, and ONGC were among the top gainers on the Nifty index. Britannia Industries, HDFC Bank, NTPC, and Tata Motors were among the top losers.