Indian benchmark indices, the Sensex and Nifty, closed nearly unchanged on Tuesday as investors took profits amidst concerns about potential US interest rate hikes and continuous foreign outflows. The BSE Sensex edged up 3.94 points to 65,220.03, having reached 65,362.91 during the day. The NSE Nifty inched up 2.85 points to 19,396.45. Gainers included ITC, Mahindra & Mahindra, Wipro, and Larsen & Toubro. Jio Financial Services, Bajaj Finserv, State Bank of India, and ICICI Bank faced declines. While global markets, including Asian and European, generally showed gains, Indian equities faced challenges due to uncertainties and foreign outflows triggered by higher bond yields and potential US rate hikes.
Markets close nearly flat in little trade
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