Realty Gains, IT Drops as Nifty Ends in Red

Indian benchmark indices started the day on a positive note but failed to hold early gains, with the Nifty ending the session down by 100 points. Investor sentiment turned cautious amid growing uncertainty surrounding the future of US Federal Reserve Chair Jerome Powell, leading to a subdued trading mood. Weak global cues offered little direction, adding to the market’s hesitancy. Among sectoral performers, Nifty Realty emerged as the top gainer up by 1.24%, while Nifty IT which was down 1.39% dragged the indices lower. Within the Nifty 50 pack,

rose 2.25% and gained 1.63%, whereas fell 2.75% and slipped 1.67%. Overall, the market tone remains cautious amid global headwinds. Disclaimer: This post is intended solely for informational purposes and should not be construed as a recommendation to buy, sell, or hold any security. Investors/Traders are advised to consult their certified financial advisor before making any investment decisions.