Nifty Extends Losing Streak, Holds Key Support at 26,100 Amid Volatility

• Nifty50 extended its losing streak to a third session, closing at 26,140, but recovered from day's lows.
• The index successfully held the crucial 26,100 support level despite market pressure.
• IT stocks (HCL Tech, Wipro, Tech Mahindra) and Titan led gains; Cipla, Maruti, Tata Motors PV, Power Grid fell.
• Midcap and smallcap indices outperformed benchmarks, rising around 0.4%.
• Analysts expect consolidation, with Nifty finding support between 26,000-26,100 and resistance at 26,400.

Why It Matters: Nifty shows resilience by holding key support despite a losing streak, indicating potential consolidation.