$INFY Infosys watch live

$INFY Markets are stuck in a narrow range today. As of 1 PM, Nifty was nearly flat at 23,951, while Sensex hovered around 76,753, with IT, metal and media stocks weighing on sentiment as investors track tension in West Asia ahead of fresh US-Iran talks. Infosys was among today's top Nifty losers, and the broader sector pain has been sharper than the index suggests. Nifty IT has slipped to a three-year low in today's session. The technical setup on the index adds context to why traders are cautious right now. Nifty formed a small bearish candle Monday with a lower high and lower low, signalling a short-term corrective bias, with immediate resistance at 24,100-24,150 and support placed between 23,900 and 23,800. Despite the near-term weakness, the brokerage view is that the overall bias remains positive, with the current pullback seen as a potential buying opportunity for a move toward 24,500-24,600 in the coming weeks. For IT stocks specifically, a sector at three-year lows can mean two things — capitulation, or opportunity, depending on how Wednesday's session develops. Holding above the 23,900-24,000 zone is being seen as crucial to preserve the broader recovery structure. Worth watching how Infosys and the IT pack react if Nifty defends support into the close.