The Indian stock market saw a mixed performance as equity benchmarks traded with limited losses in early trade. The barometer indices, S&P BSE Sensex and Nifty 50, experienced slight declines, with certain sectors like FMCG, IT, and financial services facing setbacks, while media, metal, and realty shares recorded gains. The broader market showed strength, with the mid-cap and small-cap indices performing notably well. In terms of the economy, India's retail inflation slightly rose in August, staying within the RBI's target range. The Index of Industrial Production also exhibited a slight increase in July. Noteworthy stock movements included Bharat Petroleum Corporation's joint venture agreement for green hydrogen, as well as other renewable energy initiatives. SBI Cards and Payment Services announced plans to raise funds through non-convertible debentures. In the commodities market, the rupee strengthened against the dollar, gold futures rose, and Brent crude prices saw a modest increase. Globally, Asian stocks traded mixed, reflecting investor caution after previous gains. US markets closed higher, supported by expectations of a Federal Reserve interest rate cut. Key economic data releases included producer price index figures and unemployment benefit claims in the US. The European Central Bank implemented an interest rate cut, aligning with expectations. Despite lowering economic growth projections, the ECB remains optimistic about inflation reaching its target. Overall, the Indian stock market showed resilience amidst global market fluctuations, with a positive sentiment towards key sectors like energy and finance.