India’s benchmark Nifty 50 index reversed early weakness to trade positive, last up 0.25% around 25,520 today. The move comes after a sharp decline in the previous session, signaling cautious optimism among investors amid mixed sectoral trends.
The Nifty 50 index regained momentum today, edging higher after a volatile start. At 09:52 IST, the index was quoted near 25,520, reflecting a 0.25% gain. This rebound follows a steep fall on February 19, when the benchmark shed nearly 400 points in its worst session since Budget Day.
Key Highlights
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Nifty 50 traded in a narrow band between 25,381 and 25,524, showing limited intraday volatility
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The index’s modest uptick suggests selective buying after yesterday’s profit-taking in heavyweights
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Sectoral performance remained mixed, with IT and pharma stocks offering support while realty and FMCG lagged
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Market breadth improved slightly, though volumes stayed moderate compared to the prior session’s sharp sell-off
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The broader sentiment remains cautious as investors weigh global cues and domestic earnings outlook
Today’s positive turn indicates resilience in the benchmark, but traders remain watchful of external triggers and sector-specific developments that could sway momentum in the coming days.
Sources: Investing.com India, NSE India, Lemonn Blog