!Nifty

HCLTECH

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INFY

Nifty ended the session on a cautious note as investors remained selective amid mixed global cues and profit booking in key sectors like IT and metals. The index witnessed range-bound movement, indicating indecision among market participants. IT stocks faced selling pressure, which dragged the index lower during intraday trade. Banking and financial stocks provided partial support, preventing a sharp fall. Volatility remained elevated as traders adjusted positions ahead of upcoming earnings and global developments. Market Sentiment (Trader’s View) The broader trend in Nifty continues to remain positive, but the recent consolidation suggests the market is taking a pause after the previous rally. Any decisive move above resistance can trigger fresh momentum, while a breakdown below support may lead to short-term weakness. Key Levels to Watch for Next Session Support: 24,150 – 24,050 Resistance: 24,450 – 24,550 Trend: Sideways to mildly bullish