<p>Mumbai: Benchmark stock indices Sensex and Nifty closed marginally higher on Wednesday as investors stayed on the sidelines amid weak global market trends and tariff-related uncertainty.</p>.<p>Rising for the second day in a row, the 30-share BSE Sensex edged up 63.57 points or 0.08 per cent to settle at 82,634.48. During the day, it hit a high of 82,784.75 and a low of 82,342.94.</p>.<p>The 50-share NSE Nifty ended 16.25 points or 0.06 per cent higher at 25,212.05.</p>.<p>Among Sensex firms, Mahindra & Mahindra, Tech Mahindra, State Bank of India, Infosys, Adani Ports and ITC were the major gainers.</p>.Rupee falls 18 paise to close at 85.94 against US dollar.<p>However, Eternal, Sun Pharma, Tata Steel, Tata Motors, Bajaj Finance and Bharat Electronics were among the major laggards.</p>.<p>In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled lower.</p>.<p>European markets were trading on a mixed note. The US markets ended mostly lower on Tuesday.</p>.<p>"India’s macroeconomic outlook remains strong, supported by easing inflation, lower interest rates, a healthy monsoon, and softer oil prices. A drop in inflation in eight straight months has provided a push to the market. However, investors are showing a mix of optimism and caution in the relief rally to assess the Q1 FY26 corporate earnings, as an upgrade in earnings is essential in the premium valued stock market.</p>.<p>"Additionally, global sentiment is mixed amid tariff concerns—highlighted by the announcement of a 50% duty on copper—and fading hopes of a near-term US Fed rate cut on account of sticky inflation, adding market uncertainty," Vinod Nair, Head of Research, Geojit Investments Limited, said.</p>.<p>Foreign Institutional Investors (FIIs) bought equities worth Rs 120.47 crore on Tuesday, according to exchange data.</p>.<p>Global oil benchmark Brent crude dipped 0.26 per cent to $68.55 a barrel.</p>.<p>On Tuesday, the Sensex climbed 317.45 points or 0.39 per cent to settle at 82,570.91. The Nifty edged higher by 113.50 points or 0.45 per cent to 25,195.80.</p>
<p>Mumbai: Benchmark stock indices Sensex and Nifty closed marginally higher on Wednesday as investors stayed on the sidelines amid weak global market trends and tariff-related uncertainty.</p>.<p>Rising for the second day in a row, the 30-share BSE Sensex edged up 63.57 points or 0.08 per cent to settle at 82,634.48. During the day, it hit a high of 82,784.75 and a low of 82,342.94.</p>.<p>The 50-share NSE Nifty ended 16.25 points or 0.06 per cent higher at 25,212.05.</p>.<p>Among Sensex firms, Mahindra & Mahindra, Tech Mahindra, State Bank of India, Infosys, Adani Ports and ITC were the major gainers.</p>.Rupee falls 18 paise to close at 85.94 against US dollar.<p>However, Eternal, Sun Pharma, Tata Steel, Tata Motors, Bajaj Finance and Bharat Electronics were among the major laggards.</p>.<p>In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled lower.</p>.<p>European markets were trading on a mixed note. The US markets ended mostly lower on Tuesday.</p>.<p>"India’s macroeconomic outlook remains strong, supported by easing inflation, lower interest rates, a healthy monsoon, and softer oil prices. A drop in inflation in eight straight months has provided a push to the market. However, investors are showing a mix of optimism and caution in the relief rally to assess the Q1 FY26 corporate earnings, as an upgrade in earnings is essential in the premium valued stock market.</p>.<p>"Additionally, global sentiment is mixed amid tariff concerns—highlighted by the announcement of a 50% duty on copper—and fading hopes of a near-term US Fed rate cut on account of sticky inflation, adding market uncertainty," Vinod Nair, Head of Research, Geojit Investments Limited, said.</p>.<p>Foreign Institutional Investors (FIIs) bought equities worth Rs 120.47 crore on Tuesday, according to exchange data.</p>.<p>Global oil benchmark Brent crude dipped 0.26 per cent to $68.55 a barrel.</p>.<p>On Tuesday, the Sensex climbed 317.45 points or 0.39 per cent to settle at 82,570.91. The Nifty edged higher by 113.50 points or 0.45 per cent to 25,195.80.</p>