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Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd

"Markets remained volatile for another session but ultimately ended flat, taking a pause after Monday’s decline. Following an initial gap-down opening, Nifty extended its losses early on but recovered as select heavyweights rebounded, closing unchanged at 23,644.80. 

Sectoral trends remained mixed, with energy and pharma seeing gains, while IT and realty ended in the red. The broader market showed a similar pattern, with small-cap index gaining over half a percent, while midcap settled nearly unchanged. 

The resilience in the pharma and healthcare sectors, coupled with selective buying in heavyweight stocks, continues to limit the pace of decline. We anticipate this trend to persist and advise participants to stay focused on stock selection and risk management."

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