Indian equities stayed firm in midday trade with the Sensex holding above 82,600 and Nifty near 25,350. Buying interest was visible in PSU banks, FMCG, and capital goods sectors after better-than-expected Q2 results from South Indian Bank and Huhtamaki India. Broader markets outperformed, with the Nifty Midcap index rising 0.7%. On the global front, crude prices firmed while the rupee remained steady after RBI’s forex intervention earlier this week. Market analysts expect stock-specific action to continue into the closing session.
Indian equities stayed firm in midday trade with the Sensex holding above 82,600 and Nifty near 25,350. Buying interest was visible in PSU banks, FMCG, and capital goods sectors after better-than-expected Q2 results from South Indian Bank and Huhtamaki India. Broader markets outperformed, with the Nifty Midcap index rising 0.7%. On the global front, crude prices firmed while the rupee remained steady after RBI’s forex intervention earlier this week. Market analysts expect stock-specific action to continue into the closing session.
Midday markets firm; Sensex holds 82,600 as PSU banks and FMCG stocks outperform amid strong Q2 prints.
Indian equities stayed firm in midday trade with the Sensex holding above 82,600 and Nifty near 25,350. Buying interest was visible in PSU banks, FMCG, and capital goods sectors after better-than-expected Q2 results from South Indian Bank and Huhtamaki India. Broader markets outperformed, with the Nifty Midcap index rising 0.7%. On the global front, crude prices firmed while the rupee remained steady after RBI’s forex intervention earlier this week. Market analysts expect stock-specific action to continue into the closing session.
Indian equities stayed firm in midday trade with the Sensex holding above 82,600 and Nifty near 25,350. Buying interest was visible in PSU banks, FMCG, and capital goods sectors after better-than-expected Q2 results from South Indian Bank and Huhtamaki India. Broader markets outperformed, with the Nifty Midcap index rising 0.7%. On the global front, crude prices firmed while the rupee remained steady after RBI’s forex intervention earlier this week. Market analysts expect stock-specific action to continue into the closing session.