Nifty 50 traded largely flat with a mild positive bias after the first hour of trade today, mirroring a cautious mood amid weak global cues and a softer rupee.
Index overview
Nifty 50 traded largely flat after the first hour today, moving in a tight range as traders tracked weak global cues and a soft rupee. Mid- and small-cap indices underperformed the benchmark, reflecting a cautious risk appetite despite stock-specific action.
Sector snapshot
Sectoral trends were mixed, with PSU banks emerging as clear outperformers while realty, oil & gas, metals, IT and private banks slipped between 0.5–1% in early deals. FMCG and consumer-linked names held relatively firm, offering some support to the headline index even as broader sectoral breadth remained weak.
Leading gainers
On the index, buying interest was visible in counters such as Shriram Finance, Eicher Motors, SBI, Hindalco and Zomato, which helped cushion Nifty from drifting deeper into the red. Within consumption and quality financials, names like Titan and Tata Consumer also featured among notable early movers on the upside.
Notable losers
Pressure persisted in select heavyweights, with stocks such as Bharti Airtel, Axis Bank and Tata Consultancy Services among the prominent drags in morning trade. Weakness in IT, metals and private banks capped any meaningful upside for the index despite resilience in PSU lenders and consumer-focused stocks.
