Indian equity benchmarks stall after six-day rally amid caution

India’s equity markets paused after a six-session rally, with the Nifty 50 edging down 0.01% to 25,889 and the Sensex slipping 0.03% to 84,532. Gains had been driven by trade-deal optimism and strong tech earnings, but investors booked profit and adopted a wait-and-see stance. Ten of 16 key sectors were in the red, led by FMCG, while metal and defence stocks gained on favourable policy signals. Market participants say momentum may hinge on global cues such as inflation prints and trade talk outcomes.