Indian equity markets trimmed most of their early gains on Friday, with key indices retreating from intraday highs amid choppy trading. The Sensex gave up nearly 500 points from its peak and was trading around 83,618, while the Nifty 50 eased from its morning high and hovered near 25,714, indicating profit‑taking after an initial rally led by IT stocks. Despite the pullback, both benchmarks remained modestly in positive territory for the day.
Market Breadth and Sector Performance:
Market breadth weakened as declines outnumbered advances later in the session. The Nifty 50 was up around 36.8 points at 25,702, with almost equal advancing and declining stocks. The broader Nifty 500 saw marginal gains but also showed more declines than advances, suggesting underlying momentum was fading.
Indian equity markets ne Friday ko apni early gains kaafi had tak trim kar di, aur indices apne intraday highs se neeche aa gaye, thodi choppy trading ke beech. Sensex lagbhag 500 points se gira aur 83,618 ke aas-paas trade kar raha tha, jabki Nifty 50 morning ke high se neeche aaya aur 25,714 ke aas-paas tha. Ye profit-taking ka effect tha, especially IT stocks ki morning rally ke baad. Lekin dono benchmarks abhi bhi thodi positive territory mein trade kar rahe the.
Market Breadth aur Sector Performance:
Market breadth weak ho gayi, kyunki late session mein declines advances se zyada the. Nifty 50 lagbhag 36.8 points up tha 25,702 par, jahan almost equal stocks advance aur decline kar rahe the. Nifty 500 mein marginal gain tha, lekin declines zyada the, jo batata hai underlying momentum fade ho raha hai.