Markets Flat at Noon: Nifty Holds 22,604 as Engineering Stocks Surge
Markets remained virtually unchanged at noon, with Nifty hovering near 22,604 and Sensex steady around 73,141. Engineering Services emerged as the clear leader, jumping over 4% and providing crucial support to the flat indices. Significant divergence seen in sectors, with Printing & Stationery crashing nearly 8% while Consumer Durables also faced pressure. Despite the index stagnation, active rotation is visible as traders shift focus from consumer goods to capital-intensive sectors.
Markets remained virtually unchanged at noon, with Nifty hovering near 22,604 and Sensex steady around 73,141. Engineering Services emerged as the clear leader, jumping over 4% and providing crucial support to the flat indices. Significant divergence seen in sectors, with Printing & Stationery crashing nearly 8% while Consumer Durables also faced pressure. Despite the index stagnation, active rotation is visible as traders shift focus from consumer goods to capital-intensive sectors.
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