India’s Nifty 50 index fell by 0.3%, reflecting cautious trading amid continued selling in key heavyweights and weak global cues. Sectoral weakness in IT, FMCG, and banking further dragged down the index, with analysts citing profit booking and muted investor enthusiasm driving the broader decline.
                                        
                        
	The Nifty 50 index continued its downward trajectory, dropping 0.3% in early trading. This decline follows sustained weakness in major constituents such as HDFC Bank, Reliance Industries, and ICICI Bank, which saw extended selling. The softness aligns with subdued cues from the global equity markets and hesitancy ahead of upcoming earnings releases.
	 
	Banking, IT, and FMCG sectors led the market lower, while select metal and energy stocks provided only modest support. Foreign institutional investors turned net sellers, reflecting risk aversion and profit booking after previous rallies. Meanwhile, domestic institutional flows were insufficient to offset the outflows, highlighting waning near-term momentum.
	 
	Broader markets also mirrored the benchmark’s weakness, with negative advances-to-declines ratios and losses extending across midcap and smallcap indices. With investors seeking clarity on inflation data and corporate results, the mood remains cautious, and analysts suggest traders keep an eye on the crucial support zone near 25,600 for potential reversal opportunities.
	 
	Key Highlights
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		Nifty 50 down 0.3%, with selling led by banking, IT, and FMCG stocks.
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		Heavyweights like HDFC Bank and Reliance Industries underperforming.
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		Global market weakness and profit taking weigh on sentiment.
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		FIIs remain net sellers; DIIs supportive but not enough to reverse trend.
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		Midcap and smallcap indices extend declines; market breadth negative.
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		Key support at 25,600; volatility expected ahead of key macro and earnings data.
	Sources: Informist Media, Economic Times, Financial Express, The Hindu BusinessLine