New Delhi, Dec. 18 -- The Indian stock market was largely unchanged in Thursday's session, December 18, as it lacked clear direction following three consecutive days of losses. Weak global cues and a lack of fresh triggers continued to keep sentiment subdued, even as the Indian rupee staged a strong recovery.

Both the Nifty 50 and Sensex closed flat, while the broader market managed to buck the trend, as the Nifty Midcap 100 and Nifty Smallcap 100 indices rallied 0.34% and 0.13%, respectively.

After remaining net sellers for 14 trading sessions, FPIs turned net buyers, pouring Rs.1,171 crore into equities during Wednesday's trade. Analysts said that a weakening AI trade amid valuation concerns is prompting overseas investors to shift th...