Market Recap

  • The Nifty 50 ended almost unchanged, closing at 24,741 with a small gain of 6.7 points.
  • The Sensex slipped slightly, finishing the day at 80,710.76, down about 7 points.
  • Over the week, Indian equities posted a gain of nearly 1%, reflecting cautious optimism among investors.

Sector Performance

  • Automobile and metal stocks provided much of the market’s strength.
  • Information Technology (IT) and FMCG shares came under selling pressure, which kept overall gains limited.
  • The Bank Nifty index also remained weak, preventing a broader market rally.

Investor Sentiment

  • Analysts say the market’s current stability shows a balanced mood among investors.
  • However, they note that a sustained uptrend will rely heavily on upcoming corporate earnings.
  • Global cues, especially weak U.S. job growth and expectations of a Federal Reserve rate cut, are likely to shape the direction in the coming week.