Foreign institutional investors remained selective in the cash market, leading to intermittent volatility. However, steady domestic institutional buying helped cushion the downside.
Foreign institutional investors remained selective in the cash market, leading to intermittent volatility. However, steady domestic institutional buying helped cushion the downside.
Silver prices witnessed volatility and traded with a mild negative bias in the latest session. The metal underperformed gold during the day.
Gold prices remained firm in recent trade as global uncertainty supported safe-haven demand. Domestic prices also held steady in line with international trends.
The banking index displayed relative strength compared to the broader market. Select PSU and private banks witnessed steady accumulation.
The Nifty continued to trade within a narrow band, holding above its immediate support zone. The index showed limited directional momentum during the session.
Benchmark indices traded on a muted note in the latest session, with the Sensex hovering near the flat line. Investors remained cautious amid mixed global cues.
Midcap stocks witnessed mild profit booking in the latest session after the sharp rally seen earlier this month. The midcap index underperformed the frontline benchmarks.
Public sector stocks continued to see stock-specific movement, with select counters attracting buying interest while others remained subdued. The broader PSU basket showed mixed undertone.
Automobile stocks traded in a narrow band in the latest session as investors stayed cautious ahead of upcoming monthly sales numbers. Most frontline auto counters ended with marginal moves.
Information technology stocks witnessed selective accumulation after the recent bout of profit booking. Frontline IT names saw mild recovery as investors looked for value at lower levels.
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