Stock market today, July 31 -- Indian equities extended gains for a second straight session on Wednesday, 30 July, lifted by a nearly 5% surge in Larsen & Toubro (L&T) following its better-than-expected first-quarter earnings.

Broader gains, however, were capped by mixed global cues, investor caution ahead of the US Federal Reserve's policy decision due later in the day, and continued uncertainty over potential US tariffs as the 1 August deadline approaches.

The Sensex closed 144 points, or 0.18%, higher at 81,481.86, while the Nifty 50 rose 34 points, or 0.14%, to 24,855.05. The BSE Midcap and Smallcap indices both added 0.17%.

The Nifty 50 opened slightly higher on Wednesday and remained rangebound through the session, swinging withi...