Sensex, Nifty Slip as Profit Booking Sets In After Weekly Gains
After marking a strong week, Indian indices lost ground today with Sensex falling around 0.5% and Nifty nearing a 0.4% drop. Investors booked profits, especially in IT, FMCG and private banking sectors. Indicators show PSU banks and select realty stocks held up better. Market breadth was mixed, with mid-caps and small-caps showing modest gains despite headline indices dipping. The mood remains cautious as participants await clearer direction from upcoming trade discussions and global rate policy.
negative
30 days ago
Sensex, Nifty Slip as Profit Booking Sets In After Weekly Gains
After marking a strong week, Indian indices lost ground today with Sensex falling around 0.5% and Nifty nearing a 0.4% drop. Investors booked profits, especially in IT, FMCG and private banking sectors. Indicators show PSU banks and select realty stocks held up better. Market breadth was mixed, with mid-caps and small-caps showing modest gains despite headline indices dipping. The mood remains cautious as participants await clearer direction from upcoming trade discussions and global rate policy.
negative
Sensex, Nifty Slip as Profit Booking Sets In After Weekly Gains
about 1 month ago
1 min read
75 words
Market retreats after weekly gains, driven by profit booking in key sectors; PSU banks show resilience.
After marking a strong week, Indian indices lost ground today with Sensex falling around 0.5% and Nifty nearing a 0.4% drop. Investors booked profits, especially in IT, FMCG and private banking sectors. Indicators show PSU banks and select realty stocks held up better. Market breadth was mixed, with mid-caps and small-caps showing modest gains despite headline indices dipping. The mood remains cautious as participants await clearer direction from upcoming trade discussions and global rate policy.
After marking a strong week, Indian indices lost ground today with Sensex falling around 0.5% and Nifty nearing a 0.4% drop. Investors booked profits, especially in IT, FMCG and private banking sectors. Indicators show PSU banks and select realty stocks held up better. Market breadth was mixed, with mid-caps and small-caps showing modest gains despite headline indices dipping. The mood remains cautious as participants await clearer direction from upcoming trade discussions and global rate policy.