Nifty & Bank Nifty Struggle for Direction only Auto Shines more than 1%

Friday’s trading session turned out to be more about consolidation than momentum. Both Nifty and Bank Nifty moved in a tight band, reflecting indecision after recent gains. Nifty hovered close to the 24,700 mark without showing strong follow-through, while Bank Nifty stayed flat as heavyweight banks failed to provide leadership. The highlight of the day was the Auto sector, which extended its strength and became the top gainer with over 1% upside. Strong participation from leading auto names kept sentiment positive. Metals and Media also added mild support, though gains were capped. On the flip side, FMCG, IT and Realty stocks came under consistent selling pressure, dragging overall breadth lower. In essence, the market looked caught between selective buying in autos, traders were left navigating a session where stock-specific action outshined index movement. like Maruti, M&M , Tatamotors etc. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes ***** must verify information before investing and consider their financial position & risk profile.