Nifty 50 Index Trades Higher At 25,777 As Of 2:49 PM IST

The Nifty 50 index continued to show resilience in the afternoon session, holding firm at 25,777, up 0.2% as of 2:49 PM IST. The market traded flat for most of the day, reflecting balanced investor sentiment amid sector-specific movements.  

IT stocks dragged the index lower following profit booking, while tobacco and PSU shares provided upward momentum. Metal counters also contributed positively, helping the benchmark stay in the green despite global uncertainties.  

Key highlights from the live market update include  

• Nifty 50 trading at 25,777, up 0.2% as of 2:49 PM IST  
• IT stocks under pressure, weighing on overall performance  
• Tobacco and PSU shares offered strong support to the index  
• Metal stocks added to the positive momentum in afternoon trade  
• Market breadth remained mixed, reflecting cautious investor sentiment  

Analysts note that the index continues to find strong support around 25,600, suggesting limited downside risk in the near term. The session reflects consolidation in Indian equities, with investors balancing global cues, corporate earnings, and domestic liquidity conditions.  

Sources: Economic Times, Business Standard, The Hindu BusinessLine