neutral
Recently
Markets Cool Off as Investors Lock In Gains Near Recent Highs
Sensex and Nifty edged lower after investors booked profits near recent highs. Cautious sentiment, stretched valuations, global uncertainty, and selective selling in heavyweights drove intraday pullback despite stable broader market trends.
Indian equity benchmarks saw partial profit booking as the Sensex retreated about 200 points from the day’s peak and the Nifty slipped below 26,150. Selling pressure emerged in heavyweight stocks after recent rallies, while cautious positioning ahead of global cues, valuation concerns, and selective sectoral weakness prompted traders to book short-term gains despite broader market resilience.