The domestic equity benchmarks failed to maintain their upward momentum on Tuesday, despite an intraday surge, and ultimately closed near the flatline. The Nifty 50 index settled slightly above the 25,000 mark. Among the sectoral gainers, media, financial services, and pharmaceutical stocks led the way. Conversely, FMCG and consumer durables shares faced downward pressure. Looking ahead, the market’s attention will be focused on key economic data releases, including India’s and the United States’ GDP figures. Additionally, the monthly derivatives expiry and global developments will also influence market sentiment.
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