Indian equity benchmarks witnessed a volatile session with the Sensex ending lower amid broad-based profit booking. Selling pressure in IT, metals and select financial stocks dragged the index despite intermittent buying support in banking counters.
Market participants remained cautious ahead of key global cues and continued foreign institutional activity. Analysts noted that the index is currently consolidating after the recent rally and may remain range-bound in the near term.
Technically, traders are closely watching immediate support zones, with a decisive break likely to determine the next directional move.
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