Indian Equity Markets Consolidate Amid Mixed Sector Performance and Technical Uncertainty
2 hours agoBusiness
25LENS
2 SourcesIndia
TBNthebalanced.news

Indian Equity Markets Consolidate Amid Mixed Sector Performance and Technical Uncertainty

Indian equity markets showed cautious consolidation with the Nifty 50 closing slightly lower around 25,665, continuing a range-bound trend between 25,600 and 25,900. Sector performance was mixed, with Metals and PSU Banks gaining amid stable global demand, while IT, Realty, and FMCG sectors faced selling pressure. Technical indicators signal market fragility and uncertainty, with key support and resistance levels identified near 25,600 and 25,900, suggesting direction depends on breaking this range amid ongoing corporate earnings.

Political Bias
0%100%0%
Sentiment
50%