Domestic political uncertainty in the wake of a no-confidence motion against the central government dragged the equity indices lower on Wednesday. According to market observers, profit booking in mid-and-small-cap stocks also subdued the equity indices.

Index-wise, the broader Nifty50 of the National Stock Exchange (NSE) closed at 10,980.45 points -- lower by 27.60 points or 0.25 per cent -- from its previous close.