Sensex, Nifty continue trading cautiously; broader markets outperform

Reliance, M&M, Sun Pharma and Adani Ports gained the most on BSE Sensex

Benchmark indices opened flat on Wednesday in absence of major cues as Wall Street remained shut on account of public holiday.  Street was on edge as tensions after North Korea fired a missile into Japanese waters kept the global markets subdued.
 
Investors also awaited minutes of the Fed's June meeting to gauge how committed it was to hiking rates this year.
 
North Korea said it had conducted a test of a newly developed intercontinental ballistic missile that can carry a large and heavy nuclear warhead. South Korean and US troops fired missiles into the waters off South Korea