The Sensex breached the 85,000 mark, while the Nifty crossed 26,000; midcap and smallcap stocks, however, faced a sharp sell-off.

However, traders should watch key support levels for any signs of reversal

The Nifty ends above 26,000, while the Sensex settles over 85,000 in the ongoing rally;

Zerodha hits ₹8,320 crore revenue in FY24 and profit of ₹4,700 crore; CEO and co-founder Nithin Kamath says the company is bracing for big revenue loss.

Metal stocks continued their upward trend, benefiting from China's stimulus announcement.

On Wednesday, the market breadth was negative, with 1,186 stocks advancing, 1,453 declining, and 84 remaining unchanged.

Indian markets face selling pressure amid weak global cues; metal stocks surge; crude oil price tops $75; gold price hits record high.

The Sensex ended the day at 84,914.04, down 15 points, while the Nifty 50 settled at 25,940.40, up 1 point. The BSE midcap index climbed 0.21 percent. However, the smallcap index dropped 0.04 percent.

The Sensex surpassed the 85,000 mark for the first time

On Monday, the Sensex and the Nifty ended at record closing levels.