18.12.202505:13:47UTC+00India Stocks Flat in Morning Trade

On Thursday morning, the BSE Sensex hovered around 84,528 points, remaining relatively stable after three days of declines. This stabilization was due to gains in sectors such as materials, energy, technology, banking, and consumer durables, which effectively counterbalanced losses seen in the automotive, pharmaceutical, healthcare, and oil & gas sectors. The broader index found support from foreign investors, who turned into net buyers, and a strengthening rupee, following its recent slides driven by worries over foreign capital outflows and its descent to record lows amid uncertainties surrounding a US–India trade agreement. Foreign investors ended an eight-day selling streak on Wednesday with a net purchase of shares amounting to INR 11.72 billion (approximately USD 129.7 million), as per provisional reports. In other market segments, mid-cap stocks remained steady while small-cap stocks declined by 0.5%. Notably, Infosys advanced by 1.3%, Axis Bank rose by 0.8%, and TCS increased by 0.7%, whereas Sun Pharmaceuticals, Mahindra & Mahindra, and Tata Motors fell by 2.3%, 1.6%, and 1.4%, respectively.