The Nifty 50 is expected to trade within a narrow range, with analysts anticipating limited recovery due to profit booking and earnings reactions. The index closed slightly down, with IT and pharma stocks showing resilience while auto and realty faced pressure. Broader indices outperformed the benchmark. Market sentiment is influenced by mixed global cues and geopolitical concerns, with rotational selling in heavyweights capping upside. Trading remains stock-specific ahead of earnings announcements.