Indian equity benchmarks Sensex and Nifty closed on a flat note after a choppy session on Wednesday as profit booking in IT and realty stocks nullified gains in metal and oil & Gas shares.

The Sensex closed 35.78 points or 0.06% lower at 58,817.29, while the Nifty added 9.65 points or 0.06% to close at 17,534.75. Due to weak global cues, investors kept their exposure low during most of the session, traders said.

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The broader indices ended in red with the BSE Midcap index falling 0.13% and the Small-cap index down by 0.10%. The top gaining sectoral indices on the BSE were Metal up by 1.87%, Capital Goods up by 1.29%, Basic Materials up by 0.87%, Industrials up by 0.61%, and Energy up by 0.17%, while IT down by 0.97%, Realty down by 0.79%, TECK down by 0.68%, Consumer Durables down by 0.57% and Consumer Disc down by 0.48% were the top losing indices on BSE.

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Top gainers from the Sensex pack were Tata Steel up by 1.91%, Bharti Airtel up by 1.50%, ICICI Bank up by 1.45%, Larsen up by 1.38%, IndusInd Bank up by 1.09%, Sun Pharma up by 0.97%, Power Grid up by 0.74% and Bajaj Finserv up by 0.70%.

Among the losers were Bajaj Finance down by 2.66%, NTPC down by 2.20%, HCL Tech down by 1.41%, Wipro down by 1.34%, Asian Paints down by 1.23%, UltraTech Cement down by 1.12%, State Bank on India down by 1.11% and Infosys down by 1.09%.

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The rupee appreciated by 15 paise to close at 79.48 against the US dollar, following foreign fund inflows and easing crude oil prices.

Stock markets were closed on Tuesday, August 9 on the account of ‘Muharram’.

In Asia, markets in Shanghai, Hong Kong, Tokyo, and Seoul ended with significant losses.

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European markets were trading with mild gains in mid-session deals.

Brent crude, the international oil benchmark plunged 1.05% to $95.30 per barrel.

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According to stock exchange data, foreign institutional investors (FIIs) were net buyers in the Indian capital market as they purchased shares worth Rs 1,449.70 crore on Monday.