Buy or sell stocks, Jan. 16 -- The Indian stock market ended marginally lower on Wednesday as cautious sentiment prevailed amid persistent global macroeconomic and geopolitical headwinds. Uncertainty over U.S. trade and tariff developments, along with escalating civilian unrest in Iran and rising prospects of U.S. military intervention-potentially heightening tensions across the Middle East-continued to weigh on risk appetite and limit fresh buying interest.

Overall, market action remained driven primarily by external cues, with investors remaining cautious and selective rather than aggressive in their positioning.

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market sentiment is...