Mumbai, Dec 10
The Indian stock market closed on a muted note on Tuesday after range-bound trading during the session.
At closing, Sensex was up 1.59 points at 81,510.05, and Nifty was down 8.95 points at 24,610.05.
Meanwhile, the broader market closed on a positive note. On the Bombay Stock Exchange (BSE), 2,025 stocks closed in the green, 1,938 stocks settled in the red, and 130 without change.
During the session, midcap and smallcap stocks outperformed largecap. Nifty midcap 100 index was up 136.65 points, or 0.23 per cent, at 59,135, and Nifty smallcap 100 index was up 54.60 points, or 0.28 per cent, at 19,583.
Among the sectoral indices, IT, PSU Bank, FMCG, metal, realty, and pvt bank were major gainers. Auto, pharma, media, energy, and infra were major laggards.
A market expert said: "Upcoming inflation data from the US and India are critical for insights into potential future rate cuts. India's CPI will serve as a key indicator of underlying earnings growth, which has been downgraded in H1FY25."
"Overall, investor sentiment remained cautious amid ongoing economic uncertainties and sector-specific challenges," the expert added.