NIFTY 50 Trades Flat; NIFTY IT Cools Off After Rally

As of 11:45 AM on 18 February, NIFTY 50 is trading flat, down 24 points, and sustaining below yesterday’s closing level, indicating a cautious market mood. The index is witnessing range-bound movement with selective stock-specific action. NIFTY IT emerges as the top losing sector today, slipping over 1% after a strong surge in the previous session. The index appears to be cooling off as traders book profits following yesterday’s sharp rally. Among individual stocks, Oil and Natural Gas Corporation (

) is the top loser, falling more than 3% in early trade. On the gaining side, has surged over 2%, providing support to the index. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.