Indian stock markets traded flat in afternoon deals, with the Nifty and Sensex showing marginal changes. Key market movers included State Bank of India, which saw its share price climb on discussions about a credit guarantee scheme for new-age sectors and green finance advocacy. PhysicsWallah made a strong debut on the NSE, listing significantly above its IPO price, though it experienced intraday volatility. One 97 Communications (Paytm) shares declined following a large block deal. WeWork India Management rose on Jefferies' initiation with a buy rating, while Emcure Pharmaceuticals faced pressure due to a potential block deal.