Sector performance diverges as auto index strengthens and midcaps face pressure

Nifty Auto gained while realty remained firm, though midcaps weakened as investors assessed post-MPC sentiment and benchmark-level sustainability.

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9 days ago

Sector performance diverges as auto index strengthens and midcaps face pressure

Sector performance diverges as auto index strengthens and midcaps face pressure
Market trends shifted as Nifty Auto advanced 0.74% to reach 27,939, driven by steady demand indicators and positive sector-specific updates. Realty stocks continued an upbeat trajectory, supported by improving sentiment around project completions and financing conditions. Midcap counters, however, saw mild pressure as investors evaluated the impact of the MPC decision while gauging broader support for benchmark levels around the 26,000 range.