neutral
Profit booking drags Sensex and Nifty lower amid volatility in metals and PSU banks
Indian equity benchmarks fell modestly on Tuesday as investors booked profits following a strong previous week. The Sensex slipped 150 points while the Nifty dipped below 25,950, pressured by weakness in metal and PSU bank stocks. Analysts said near-term volatility stemmed from global trade optimism and shifting commodity prices. Broader market action remained mixed with selective buying in defensives. Traders expect consolidation to continue until clarity emerges on global bond yields and central bank rate cues later this week.
Tags:
- markets
- Sensex
Pulse• By Sneha Pathak
Explore:High Return Equity Mutual Fund
neutral
Profit booking drags Sensex and Nifty lower amid volatility in metals and PSU banks
Indian equity benchmarks fell modestly on Tuesday as investors booked profits following a strong previous week. The Sensex slipped 150 points while the Nifty dipped below 25,950, pressured by weakness in metal and PSU bank stocks. Analysts said near-term volatility stemmed from global trade optimism and shifting commodity prices. Broader market action remained mixed with selective buying in defensives. Traders expect consolidation to continue until clarity emerges on global bond yields and central bank rate cues later this week.
Tags:
- markets
- Sensex
Pulse• By Sneha Pathak
Explore:High Return Equity Mutual Fund
1 min read
79 words
Indian markets eased as the Sensex fell 150 points and Nifty slipped under 25,950 amid profit-taking and volatility in metals and PSU bank stocks.
Indian equity benchmarks fell modestly on Tuesday as investors booked profits following a strong previous week. The Sensex slipped 150 points while the Nifty dipped below 25,950, pressured by weakness in metal and PSU bank stocks. Analysts said near-term volatility stemmed from global trade optimism and shifting commodity prices. Broader market action remained mixed with selective buying in defensives. Traders expect consolidation to continue until clarity emerges on global bond yields and central bank rate cues later this week.
Indian equity benchmarks fell modestly on Tuesday as investors booked profits following a strong previous week. The Sensex slipped 150 points while the Nifty dipped below 25,950, pressured by weakness in metal and PSU bank stocks. Analysts said near-term volatility stemmed from global trade optimism and shifting commodity prices. Broader market action remained mixed with selective buying in defensives. Traders expect consolidation to continue until clarity emerges on global bond yields and central bank rate cues later this week.
Tags:
- markets
- Sensex
- markets
- Sensex
- Nifty
- India
- PSU banks
- volatility