The Indian markets experienced a choppy trading session and ended mixed even after the benchmark indices crossing important milestones on Tuesday as investors consolidated their profits.

After starting on a weaker note, the indices entered positive territory during early trade. However, midday saw volatility leading to a dip before a strong recovery in the afternoon session.

The BSE Sensex made history, crossing the psychological barrier of 85,000 points for the first time, reaching an intraday high of 85,163.23. The index eventually closed flat at 84,914.04, down 14.57 points. The Nifty too touched a record high of 26,011.55 in the late afternoon trade to end flatat 25,940.40 , gaining 12 points.

The broader market displayed mixed sentiments, with small-cap indices coming under pressure, shedding 0.80%, while mid-cap indicestrading higher and closing up by 0.41%. Sectoral performances varied, with metals surging by nearly 3%, and auto gaining 0.43%. However, FMCG and financial services ended in the red.

The IT sector, after initially struggling, recovered to post a 0.61% gain by the close of trading.The market breadth indicated a largely balanced day, with 1,352 shares advancing, 1,439 declining, and 90 remaining unchanged out of the 2,881 shares traded.

On the global front, Asian markets also saw a positive close, driven by optimism about the soft landing of the U.S. economy and significant stimulus measures announced by Chinese authorities.

The People's Bank of China implemented a broad set of monetary easing measures, which included a rate cut in short-term interest rates and reduction in borrowing costs. As part of a larger stimulus package, the central bank also announced 800 billion yuan ($114 billion) in liquidity support, raising hopes of economic recovery. Additionally, Australia's central bank held its interest rates steady as expected, contributing to regional market stability.

In commodities, gold hit a new record high, trading at $2,636.36 per ounce(INR 76330 per Gram In India) during Asian market hours, reflecting increased demand for safe-haven assets amid global uncertainty.

Top Gainers on NIFTY were Tata Steel rose 4.32% to close at ₹160.65, followed by Hindalco, up 4.12% at ₹719. Power Grid gained 2.77% to ₹350.6, while Tech Mahindra advanced 1.97% to ₹1,638.75. Adani Enterprises also gained 1.86%, closing at ₹3,100.45.