Mumbai, July 7: Indian equity markets ended their four-session winning streak on Tuesday, with the benchmark indices Sensex and Nifty closing lower amid broad-based selling in metal and realty stocks.
Market sentiment remained subdued as investors booked profits following the recent rally, while weakness in metal and real estate counters dragged the key indices into negative territory. Selling pressure in select heavyweight stocks further weighed on overall market performance.
Despite the decline, analysts noted that the broader market remained resilient, with investors closely tracking global market trends, commodity prices, and upcoming domestic and international economic developments.
Market participants are also awaiting key macroeconomic indicators and corporate earnings, which are expected to provide further direction to equity markets in the coming sessions.
The day’s trading reflected cautious investor sentiment, bringing an end to the benchmark indices’ four-day gaining streak after a sustained period of positive momentum.