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Auto, healthcare, and finance stocks managed to finish higher, while IT and FMCG shares lost ground.
Trent and HDFC Life were among top gainers; Kotak Mahindra Bank and Titan were notable losers.
Head of Research, Geojit Investments Limited Vinod Nair said mixed global signals and lower oil prices (thanks to possible U.S.-Iran talks) helped ease inflation worries a bit, but profit-taking and uncertainty around nuclear negotiations kept investors cautious.
Interestingly, mid-cap and small-cap stocks did better than bigger companies as traders picked their spots carefully.