Indian equity markets ended Wednesday’s session on a mixed note as benchmark indices swung between gains and losses before closing largely flat. The Sensex settled marginally higher, while the Nifty 50 managed to stay above the crucial 25,800 mark, reflecting cautious investor sentiment amid intraday volatility.
IT Stocks Lead Gains
Information Technology stocks emerged as the top performers in the session, supported by selective buying after recent corrections. Heavyweights from the IT pack provided stability to the benchmarks and helped offset weakness in other sectors.
Media and Auto Stocks Under Pressure
On the flip side, media and automobile stocks faced selling pressure, dragging their respective sectoral indices lower. Profit booking and subdued outlook weighed on these segments, keeping overall market gains in check.
Market Snapshot
Despite sharp intraday swings, broader market sentiment remained range-bound as investors awaited clearer global and domestic cues. Sector rotation dominated the session, with stock-specific action driving market moves rather than broad-based buying.
Key Levels to Watch
The Nifty’s ability to hold above 25,800 signals near-term resilience, though sustained upside may depend on fresh triggers, including global market trends, currency movement, and institutional flows.
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