neutral
Recently
Indian equities steady as metal gains offset profit-booking
No Image
Indian markets traded sideways as metals rose and profit-booking hit IT and financial stocks, reflecting consolidation near record highs.
India’s key indices, the Nifty 50 and BSE Sensex, ended the day nearly flat as profit-booking in IT and banks balanced strength in metals. The metals index gained over 1.3%, supported by stronger global commodity sentiment and improving China demand signals. Financial and IT sectors saw mild declines amid weak global cues. Analysts say the current pattern reflects consolidation near all-time highs, with investors awaiting earnings guidance and macro data releases later in the week.