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Indian markets end flat as record highs meet cautious sentiment
Indian indices closed flat after hitting record levels, supported by strong corporate earnings and cooling inflation but tempered by weak breadth and cautious global cues.
Equity benchmarks paused after their record-setting run, with the Sensex closing at 85,706 and Nifty 50 at 26,203 following intraday volatility. Market breadth weakened despite midcap strength led by Aditya Birla Capital and L&T Finance. Analysts highlighted that India Inc’s September-quarter earnings remained strong with combined revenue touching ₹4.92 trillion, gross profit at ₹7.42 lakh crore, and net profit rising 35.7% year-on-year to ₹5.21 lakh crore.