The frontline Nifty 50 index ended at a record closing high of 25,018 on Tuesday, but showed little movement by the end of the session amid a pause in the rally in global markets.

Key stocks contributed to the market’s performance with Reliance Industries (RIL) and consumer goods giants ITC and Hindustan Unilever (HUL) dragging the Nifty down, while ICICI Bank and Larsen & Toubro (L&T) provided support. The breadth of the market remained favorable for advances due to the midcap outperformance.

Several stocks hit record highs, including Shriram Finance, Sun Pharma, and HCL Technologies. Insurance stocks saw an uptick as sources reported that LIC is seeking a review of surrender value rules.

Zee Entertainment surged up to 15% after resolving disputes with Sony, marking its biggest one-day gain in six months. Muthoot Finance rose by 3% following an increase in gold prices. Shilpa Medicare gained 4% after receiving US FDA approval for a cancer drug. JSW Infra saw a 7% increase after Jefferies initiated coverage with a buy recommendation.

Conversely, Granules India’s stock fell up to 3% following news of a surprise US FDA inspection at one of its units. Medi Assist surged 8% on the announcement of acquiring Paramount TPA for ₹312 crore. NIIT extended its gains, rising nearly 50% over the last three years.