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Nifty 50 Edges Higher as Market Turns Positive
Key Highlights
- At 2:40 pm IST on October 3, India's benchmark Nifty 50 index reversed earlier losses and climbed by 0.1%, reflecting cautious optimism across Dalal Street
- The mild rebound follows a mixed session, with investors tracking global cues and domestic macroeconomic data for direction
- Banking, IT, and FMCG sectors added slight gains, helping lift the index from morning lows
- Market sentiment remained guarded due to US interest rate uncertainties and profit-booking by institutional investors
- Traders focused on upcoming earnings season and policy signals as next catalysts for decisive moves
Source: Reuters, Investing.com
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