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The Nifty saw limited movement today, closing almost flat as gains from energy and auto stocks were offset by a decline in IT. The index hovered around the 25,000 mark but lacked the momentum for a decisive breakout.
Investor sentiment was mixed, with optimism around India–US trade talks and possible GST cuts. However, profit booking in IT, particularly Infosys, weighed on the market. Infosys’ board is expected to discuss a share buyback, which didn’t fully excite investors.
While overall volatility was low, market participants remain cautious ahead of global economic data and US Fed signals. Support levels are intact for now, but a close watch on global cues is essential.
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