Indian equity benchmarks closed virtually unchanged on Thursday, as gains in the information technology sector were neutralized by a sell-off in key financial firms following earnings reports.
The Nifty 50 shed 0.02% to close at 24,072.75, while the BSE Sensex remained flat at 77,186.87.
The muted performance reflects a market caught between sector-specific rotation and broader caution.
The divergence highlights shifting investor sentiment within the domestic market.
Technology stocks provided the primary support for the indices, benefiting from renewed interest in the sector.
Conversely, major banking and financial services names faced downward pressure after releasing quarterly results that failed to spark buying interest.