Stock market today: BSE Sensex ends marginally lower; Nifty50 below 22,950

Stock market today: Key stock indices closed slightly lower in volatile trading on Wednesday, with IT heavyweights leading the decline. The BSE Sensex settled at 75,939.18, down 28.21 points or 0.04 per cent, fluctuating between 76,338.58 and 75,581.38 during the session. The NSE Nifty ended at 22,932.90, declining 12.40 points or 0.05 per cent.
Among Sensex constituents, TCS and Infosys declined over 2 per cent each. Hindustan Unilever, Bharti Airtel, Sun Pharma, Power Grid, Bajaj Finserv, HCL Tech, Mahindra & Mahindra, and Tech Mahindra also declined.
Zomato emerged as the top gainer, rising nearly 5 per cent. Other gainers included Larsen & Toubro, Axis Bank, ICICI Bank, IndusInd Bank and Kotak Mahindra Bank.
"The national benchmarks exhibited a range-bound performance with a slight downward bias, though selective buying in the broader market was evident, driven by bargain hunting in beaten-down stocks.
"A reversal in FII flows also influenced market dynamics; however, the durability of this trend remains uncertain. Despite concerns over potential US tariff impositions and delays in anticipated interest rate cuts, market sentiment remains optimistic about a rebound in India's Q3 GDP growth," Vinod Nair, Head of Research, Geojit Financial Services, said.
Asian markets ended mixed, with Seoul and Shanghai advancing while Tokyo and Hong Kong declined. European markets traded predominantly lower, while US markets closed positively on Tuesday.
The broader markets showed strength as mid and small-cap shares rebounded from recent declines. The BSE smallcap index surged 2.41 per cent while the midcap index rose 1.30 per cent.
Foreign Institutional Investors turned net buyers on Tuesday, purchasing equities worth Rs 4,786.56 crore, as per exchange data.
Brent crude, the global oil benchmark, increased 0.65 per cent to USD 76.33 per barrel.
The previous session saw Sensex declining 29.47 points to 75,967.39 and Nifty dropping 14.20 points to 22,945.30.