Markets witnessed buying interest at lower levels, recovering from early losses amid persistent caution over tensions in West Asia and elevated crude oil prices, which remained above $100 per barrel. Despite a weakening rupee and the Nifty 50 holding below key technical levels, broader sentiment stayed resilient, with midcap stocks outperforming the benchmark.
In the IT sector, Tata Consultancy Services (TCS) reported steady margins in its Q4 results but fell short on growth momentum, putting pressure on the broader IT pack.
Meanwhile, EV-related stocks traded in the green, supported by continued investor interest in the sector.
On a weekly basis, the Nifty rallied more than 5.5%, reflecting strong underlying investor sentiment despite ongoing macroeconomic concerns.
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