Markets Trade Lower; Nifty Slips 315 pts, IT Stocks Lead Decline

As of 1:30 PM, broader indices are trading lower after yesterday’s upsurge following the India-Pakistan ceasefire. The Nifty has dropped 315 points, Bank Nifty is down 425 points, and FinNifty has fallen by 270 points, reflecting a weaker market bias. Nifty IT is the top losing sector, declining over 2%, with Infosys (

) leading the losses among IT stocks. On the other hand, Nifty PSU Bank is the only sector trading in the green, up by over 1.4%. Despite initial optimism, markets remain cautious, with profit booking and global uncertainty keeping traders on the sidelines. Disclaimer: This post is for informational purposes only and does not constitute investment advice.