๐ Markets Trade Firm
Indian equity markets are trading in positive territory, with Sensex and Nifty 50 holding gains. Buying interest is visible in large-cap stocks, supported by stable global cues and selective foreign fund inflows.
๐ฆ Banking & IT Stocks Lead
Banking and IT shares are among the top contributors to the current market strength. Private banks and frontline IT companies are witnessing renewed demand after recent consolidation.
๐ป Infosys in Focus
Shares of Infosys are trading higher after the company clarified that there is no major corporate development behind recent overseas price movements, easing investor concerns.
๐ฑ Rupee Stability Supports Sentiment
The Indian rupee remains relatively steady against the US dollar, which is helping control volatility in equity markets. Market participants believe Reserve Bank of India actions are playing a role in maintaining currency stability.
๐ญ Broader Market Trend
Mid-cap and small-cap stocks are showing mixed performance, with selective buying seen in capital goods, infrastructure, and consumption-linked stocks.
๐ Investor View
Traders are cautious ahead of upcoming macro data and global central bank signals, but overall sentiment remains constructive as long as benchmark indices stay above key support levels.
