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Indian equities in a rangebound session in Wednesday's trade ended lower even as uncertainty lingered around the likely India-US trade deal. At the close, the NSE's Nifty50 index fell 0.18 per cent or 46.4 points and settled at 25,476.1, while the BSE 30-share Sensex ended 0.21 per cent or 176.43 points at 83,536.08.
Meanwhile, of the broader markets- smallcaps outperformed the headline indices by a wide margin -rising 0.6 per cent.
Sectorally in a mixed show, buying was triggered in the pharma pack after US President Donald Trump announced a relief on tariff, while metal stocks took a hit after announcement of a 50 per cent tariff on copper imports.
Vedanta: Vedanta shares took a big hit and ended lower by even as the Viceroy Research has alleged the company for ''material discrepancies'' in financials"
TCS: TCS shares ended a little lower ahead of the company's earnings later tomorrow.
European markets in trade today traded higher as investors looked for progress on trade deal with the US. As of writing the copy, the German DAX and French CAC were up 0.97 per cent and 1.01 per cent, respectively.