Stock market today, May 8 -- Indian equities gave up their early gains to end Thursday's session on May 7 nearly flat, with both the Sensex and Nifty 50 closing little changed from their previous close.

The benchmark indices opened on a positive note and extended gains in the first half of the session amid hopes of easing tensions between the US and Iran. However, late-session profit booking dampened investor sentiment and erased most of the gains.

Despite the subdued performance in frontline indices, broader markets maintained strong momentum. The Nifty Midcap 100 index climbed 1%, while the Nifty Smallcap 100 index ended 0.8% higher, reflecting continued bullish market breadth.

"Indian equity markets are expected to remain sideways i...