Indian equity benchmarks ended the trade in positive
territory on Wednesday despite geopolitical tensions. Indices made a negative
start, as traders were concerned after political instability gripped the region
after a missile hit Polish territory, raising tensions between Russia and NATO.

After facing highs and lows during the day, the Sensex
finally settled 107.73 points or 0.17% higher at 61,980.72, its fresh lifetime
high of 61,980.72, helped by buying in banking counters. The broader NSE Nifty
ended marginally higher by 6.25 points or 0.03% to 18,409.65.

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The broader indices ended in red with the BSE Midcap index
declining by 0.66% and the Smallcap index down by 0.34%. The top gaining
sectoral indices on the BSE were Bankex up by 0.47%, Industrials up by 0.37%,
Capital Goods up by 0.36%, TECK up by 0.30% and IT was up by 0.20%, while Metal
down by 1.49%, Utilities down by 1.40%, Power down by 1.27%, Realty down by
1.03% and Oil & Gas was down by 0.76% were the top losing indices on BSE.

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Top gainers from the Sensex pack were Kotak Mahindra Bank
up by 2.73%, Hindustan Unilever 0.98%, Dr. Reddy’s Labs 0.92%, HDFC Bank 0.80%,
Bharti Airtel by 0.77%, HDFC 0.74%, TCS 0.64%, Power Grid Corp 0.60% and
Infosys 0.53%.

Among the laggards were Bajaj Finance down by 1.89%, Tata
Steel 1.80%, NTPC 1.19%, Bajaj Finance 1.15%, UltraTech Cement 0.73%, IndusInd
Bank 0.68% and Reliance Industries 0.53%.

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The rupee slipped by 34 paise to close at 81.25 against the
US dollar on disappointing trade data and foreign fund outflows.

Asian markets ended mostly lower with the Shanghai
Composite down by 0.45%, Hang Seng down by 0.47%, KOSPI Composite down by
0.12%, and the Nikkei 225 ending by 0.14% higher.

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European stock exchanges were trading mostly higher in the
afternoon session. US equity markets ended in positive territory on Tuesday.

Brent crude futures, the international oil benchmark was
trading 0.28% higher at USD 94.12 per barrel.

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According to stock exchange data, foreign institutional
investors (FIIs) offloaded shares worth Rs 221.32 crore on Tuesday.