!Nifty,

HCL-INSYS

Indian benchmark index Nifty 50 traded with mixed sentiment, as global cues and sector rotation kept markets volatile. What’s Driving the Market? FII Selling Pressure Continued foreign institutional selling is weighing on upside momentum Banking & Financial Support Private banks are showing resilience, preventing sharp downside Cooling Crude Prices Lower oil prices are providing relief to inflation-sensitive sectors Global Market Influence US and global cues remain a key trigger for short-term direction Sector Action Gainers: Banking Auto Infrastructure Laggards: IT (under pressure due to global slowdown concerns) FMCG (profit booking at higher levels) Market Sentiment Market remains range-bound with stock-specific action Investors are focusing on earnings and order book strength Volatility likely to continue in the near term Key Levels to Watch Support: 22,200 – 22,000 Resistance: 22,600 – 22,800 Quick Take “Nifty is consolidating after a strong rally — trend remains positive, but momentum is slowing.”