The S&P BSE Sensex ended just 13 points higher at 36,387, while NSE's Nifty50 index held the crucial 10,900 level to close at 10,907, up 2 points.
Here's a look at the top stocks that are likely to hog limelight today -
Shares of Reliance Industries (RIL) ended flat at Rs 1,134 apiece on the BSE ahead of the December quarter (Q3FY19) result today. Fast-moving consumer goods (FMCG) major HUL fell 1.12 per cent.
The stock hit a new high of Rs 679, up 2%, surpassing its previous high of Rs 677 recorded on September 10, 2018, in intra-day trade on the BSE.
The stock moved higher by 9 per cent to Rs 296, bouncing back 15 per cent from its early morning low of Rs 257 on the BSE.
The stock was down 5 per cent at Rs 87, falling 7 per cent from intra-day high of Rs 93 on the BSE on back of heavy volumes.
Manappuram Finance (up 36 per cent) and Muthoot Finance (up 32 per cent) outperformed the market by surging over 30 per cent since October 2018, as compared to 0.25 per cent rise in Sensex.
RIL has risen 5 per cent in the past three trading sessions, as compared to 1.3 per cent rise in the S&P BSE Sensex.
The stock locked in upper circuit of 20% for the second straight day after it reported a consolidated net profit of Rs 19.21 crore in Q3FY19, against loss of Rs 1.4 crore in year ago quarter.
The stock was up 5% at Rs 331, its highest level since June 22, 2018, on the BSE.
Among the sectoral indices, Nifty PSU Bank index rose 0.6 per cent led by gains in the stock prices of Punjab National Bank (PNB), Union Bank of India and Indian Bank.
The stock slipped 8 per cent to Rs 270 on Wednesday after the media report suggested that Etihad Airways offers to invest in debt-laden carrier at discounted rate of Rs 150 per share.
The stock hit a new high of Rs 1,929, outperforming the market by gaining 6 per cent in the past 6 days, as compared to a 1 per cent rise in the S&P BSE Sensex.
Nifty PSU Bank index, the largest gainer among sectoral indices, was up 1.5 per cent, as compared to 0.5 per cent rise in Nifty Bank and Nifty Private Bank index.
Indiabulls Integrated is locked in upper circuit of 5 per cent at Rs 332 on the BSE after the company announced that Indiabulls Life Insurance Company got preliminary nod from IRDAI.
The stock was up 4 per cent to Rs 476 on Wednesday, extending its Tuesday's 2 per cent gain on the BSE.
In the previous session, the domestic unit declined 13 paise to close at one-month low of 71.05.
Here's a look at the top stocks that may remain in focus today -
The stock up 20 per cent at Rs 1,639 on Tuesday after the company announced that its board will meet on January 25, to consider voluntary delisting of equity shares from the BSE.
The stock was up 3 per cent to Rs 463 on the BSE in intra-day trade ahead of October-December 2018 quarter results today.