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Markets slip as broader weakness outweighs selective sectoral strength
Indian equities traded lower as losses in broader markets and key sectors offset limited gains, while the rupee strengthened and select stocks remained actively traded.
Trading sentiment remained cautious as benchmark indices moved lower during the session, with the Nifty slipping below the 25,900 mark and the Sensex declining around 130 points. Broader markets underperformed, as BSE midcap and smallcap indices fell roughly 0.4 percent each, reflecting reduced risk appetite. Sectoral performance was mixed, with gains limited to auto, metal, and oil and gas stocks, while IT, capital goods, consumer durables, and realty sectors declined about 0.5 percent.