Markets at Noon: Indices Trade Lower as Capital Goods and Aviation Sectors Weigh Down
Indian equity markets are trading in the red during midday with Nifty 50 down 0.72% at 23,473.55 and Sensex declining 0.68% to 74,728.66. Capital Goods - Electrical Equipment sector leads the losers with an 8.65% decline, followed by Aviation (-3.14%) and Diamond, Gems and Jewellery (-3.05%). On the positive side, Engineering Services sector gains 2.73% while Transport Services advances 1.17%. The mixed sectoral performance indicates selective trading activity rather than broad-based market movements, reflecting cautious investor sentiment.
Indian equity markets are trading in the red during midday with Nifty 50 down 0.72% at 23,473.55 and Sensex declining 0.68% to 74,728.66. Capital Goods - Electrical Equipment sector leads the losers with an 8.65% decline, followed by Aviation (-3.14%) and Diamond, Gems and Jewellery (-3.05%). On the positive side, Engineering Services sector gains 2.73% while Transport Services advances 1.17%. The mixed sectoral performance indicates selective trading activity rather than broad-based market movements, reflecting cautious investor sentiment.
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