Nifty Struggles Near 25,000 Amid Global Uncertainty

Indian equities showed muted movement as the Nifty 50 hovered NEAR the psychologically significant 25,000 level. The index opened at 25,034.50, slightly below its previous close of 25,056.90, before inching up 0.04% to 25,065.75 by mid-morning. The Sensex mirrored this tentative recovery, gaining 0.08% after initial weakness.

Market participants remain cautious following five consecutive sessions of declines. Technical analysts warn a breach below 25,000 could trigger further downside toward 24,800. The shadow of US monetary policy looms large, with Fed officials' mixed signals on rate cuts dampening global risk appetite.

Sector performance showed selective strength, with Bharat Electronics leading gainers at +1.85%. Energy and healthcare stocks like ONGC and Apollo Hospitals also outperformed, suggesting defensive positioning among investors.