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Nifty slides below 26,000 as traders book profits
Nifty moved below 26,000 as investors booked profits and awaited policy clarity, while private banks traded within a narrow range.
Indian equities softened with the Nifty dropping below 26,000 as investors booked profits following recent gains. Market sentiment stayed cautious ahead of potential interest-rate adjustments, and private banks continued trading within a narrow range. Broader indices reflected a slight pullback driven by selective selling in financials and consumer-linked stocks. Traders also monitored global cues, including expectations of slower economic data releases from major economies.