Indian Stock Market Ends Flat Amid Volatile Trade; SEBI Boosts P-Note Disclosure Threshold

Despite a promising start fueled by global optimism, the Indian stock markets ended flat. BSE Sensex closed at 78,017.19 and Nifty at 23,668.65. SEBI doubled Beneficial Ownership disclosure limits to attract offshore investments, stirring both hopes and concerns over market volatility.

The Indian stock markets experienced a volatile trading session on Tuesday, ultimately ending the day flat. The BSE Sensex recorded a modest rise of 32.81 points, closing at 78,017.19, while the Nifty 50 gained 10.30 points to settle at 23,668.65. The gains were unable to sustain the earlier upward momentum.

Sectoral indices displayed mixed performances, with IT being the sole positive performer, while others such as auto, consumer durables, and telecom faced declines of 1-1.5%. Notable gainers at the NSE included UltraTech Cement and Infosys, while IndusInd Bank and Adani Enterprises suffered losses.

Among broader market dynamics, SEBI doubled the threshold for Beneficial Ownership disclosures, initiating efforts to revive participatory notes and attract offshore capital. Currently, P-notes represent a smaller fraction of FPI assets, causing experts to weigh in on potential volatility due to speculative trading.

The day started on a high note for benchmark indices with strong global cues, but profit booking led the markets to settle flat. The Nifty and Bank Nifty indices both faced resistance at key levels, forming red candles on technical charts that hint at weakness. Meanwhile, the Indian VIX index showed reduced market volatility, falling 0.47% to 13.64.

(With inputs from agencies.)