Nifty holds above 23,250 mark; broader mkt outperforms

The Feds indication of another rate hike in 2026 kept investors cautious, particularly across rate-sensitive and foreign-portfolio-investment-driven segments. However, selective buying in domestic sectors helped the Nifty settled above the 23,250 mark. Market participants are likely to track currency movements, US bond yields and foreign fund flows for further direction.

Pharma, realty and media shares advanced while private bank, PSU Bank and oil& gas shares declined

As per provisional closing data, the barometer index, the S&P BSE Sensex shed 21.86 points or 0.03% to 74,314.59. The Nifty 50 index added 53 points or 0.23% to 23,270.60.

In the broader market, the BSE 150 MidCap Index rose 0.07% and the BSE 250 SmallCap Index shed 0.13%.

The market breadth was negative. On the BSE, 1,990 shares rose and 2,344 shares fell. A total of 253 shares were unchanged.