Indian equity benchmarks traded in a narrow range during the noon session on Tuesday, reflecting cautious investor sentiment amid mixed global cues. The BSE Sensex slipped 41 points to trade marginally lower, while the NSE Nifty50 hovered around the flat line as buying and selling pressures remained evenly balanced.
Sectorally, gains in FMCG and select banking stocks were offset by weakness in IT and metal shares, keeping the broader market subdued. Midcap and smallcap stocks also traded mixed, indicating a lack of clear directional cues.
Among individual stocks, Vodafone Idea (Vi) was in focus after witnessing heightened trading volumes, while PVR INOX attracted investor interest amid expectations of improved box office performance and steady footfalls. Ola Electric also remained a buzzing counter, with investors tracking updates related to its business outlook and expansion plans.
Market participants are closely monitoring global developments, including cues from Asian markets, commodity price movements, and expectations around key macroeconomic data, which are likely to influence market direction in the second half of the trading session.