Benchmark indices ended flat with Nifty hovering around 25,450 as investors turned cautious ahead of likely development around the US-India trade deal expected later this evening.

At close, the Sensex was up 193.42 points or 0.23 percent at 83,432.89, and the Nifty was up 55.7 points or 0.22 percent at 25,461. Broader indices underperformed the main indices with Nifty Midcap index down 0.27 percent, while smallcap index shed 0.4 percent.

A US-India mini trade deal could be announced as early as this evening, sources have told Moneycontrol. “The deal has been negotiated, the customs part of the deal is expected to be announced today while the other aspects would be come in later,” said one source privy to the development.

Among sectors, FMCG index rose 1.6 percent, oil & gas index gained 0.4 percent, while media index down 1 percent, IT and Metal index down 0.7 percent each.

Tech Mahindra, Bharat Electronics, UltraTech Cement, ONGC, Eternal were among major losers on the Nifty, while losers were HUL, Tata Consumer, Nestle India, Jio Financial and Eicher Motors.

In stock specific action, Nykaa shares rises after Q1 business update, Hazoor Multi Projects shares surged more than 15% on winning project worth Rs 913 crore, Puravankara's shares rose 3.6% on bagging redevelopment rights in Mumbai at Rs 2,100 crore gross development value, Godavari Biorefineries shares ended lower despite its European patent for a novel anti-cancer molecule being validated in Spain.

Shares of Siemens Energy gained 4% after March quarter profit jumped 36% to Rs 246 crore and revenue soared 57% on year, Jubilant Foodworks shares fell 4% as Domino's Turkey sales growth slows in Q1, Senco Gold shares added 4% on strong Q1FY26 update and Nuvama Wealth shares rallied 3% on reports of stake sale.

Nearly 150 stocks on the BSE touched their 52-week highs, including Glenmark Pharma, LT Finance, Apollo Hospitals, Navin Fluorine, EID Parry, Fortis Healthcare, Laurus Labs, Muthoot Finance, Ramco Cements, Kama Holdings, among others.