Nifty holds 23,000, Sensex up 44 pts; Axis Bank, Asian Paints gain as IT, Pharma drag
AI Summary
The Indian markets are currently exhibiting a cautious stance, with the Nifty 50 and Sensex trading in a narrow range following a significant drop. The mixed performance, particularly in sectors like IT and Pharma, suggests that investors should remain vigilant, especially as global market conditions and crude oil prices fluctuate. The upcoming IPOs, including Integrum Energy Infrastructure and Ekkaa Electronics, could provide fresh opportunities, but investors should weigh these against the current market volatility and sector performance.
Markets were trading in a narrow range around midday on Friday, with the Nifty 50 at 23,051.50, down 11.60 points or 0.05 per cent, and the Sensex at 73,624.77, up 44.23 points or 0.06 per cent, as of 1.58 pm. The indices managed to hold above the psychologically critical 23,000 level despite the overhang of Thursday’s 384-point Nifty crash, as stabilising global markets and a marginal easing in crude oil prices offered some relief.
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Original Article
Published on Hindu BusinessLine
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This is a market news update from Hindu BusinessLine, published on 25 September 2026.
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