India’s benchmark Nifty 50 index slipped about 0.1 percent in a subdued session, reflecting cautious sentiment across domestic equities. Mild profit-booking in heavyweight financials and IT names offset buying in select auto and energy stocks. Global cues, bond yields and oil prices continued to shape intraday direction and risk appetite.
The Nifty 50 index traded slightly in the red, drifting about 0.1 percent lower in a range-bound session as traders weighed global risk cues against resilient domestic fundamentals. The marginal decline suggests investors are locking in recent gains rather than aggressively trimming exposure, with broader positioning still anchored to expectations of steady economic growth and contained inflation.
Market participants also monitored movements in US bond yields, the dollar index and crude oil prices, all key drivers for foreign portfolio flows into Indian equities. While select banking, IT and FMCG heavyweights saw mild selling pressure, pockets of strength emerged in autos, capital goods and energy, limiting the downside for the headline index.
Key Highlights:
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Index Move: Nifty 50 down around 0.1 percent in listless trade, signalling mild profit taking rather than a sharp risk-off move.
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Sector Trends: Financials and IT weighed on the benchmark, while autos and energy stocks provided selective support.
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Flows And Sentiment: Foreign investor flows stayed sensitive to global yield and currency moves, even as domestic funds remained net buyers on dips.
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Near-Term Watchlist: Traders are eyeing upcoming macro data, central bank commentary and movement in crude prices for fresh directional cues on the index.
Sources: NSE India, BSE India