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Indian Indices Steady as Late Buying Limits Market Losses
Sensex slipped from earlier highs while Nifty stayed above 25,900 as selective buying offset global uncertainty.
India’s benchmark indices showed mixed movement today as afternoon volatility eased following selective buying across heavyweight counters. Sensex retreated nearly 300 points from intraday highs, while Nifty managed to hold above the 25,900 mark despite persistent pressure in IT and export-linked segments. Analysts noted that global uncertainty and rotation away from high-valuation sectors drove part of the cautious sentiment.
Broader markets were subdued as participants awaited clearer cues from US data releases and currency trends influencing foreign investor activity.