New Delhi, Sept. 7 -- The Indian stock market closed flat on Friday, September 5, as profit booking persisted amid concerns over Trump tariffs and their economic impact, along with continued foreign capital outflows weighing on investor sentiment.

Despite opening higher on the back of positive global cues and expectations of a US Fed rate cut this month, key indices failed to sustain gains.

The Sensex edged down 7 points to settle at 80,710.76, while the Nifty 50 inched up by 7 points to close at 24,741. The BSE Midcap index slipped 0.10 per cent, whereas the Smallcap index gained 0.09 per cent.

"Looking ahead, sentiment is likely to remain mixed. Domestic growth-linked sectors stand to benefit from GST relief, resilient consumption, a...