Nifty Holds 26,100; Tata Elxsi Surges 9.47% Amid Mixed Market

• Indian equities ended near flat, with Sensex down 102 points and Nifty down 38 points, holding above 26,100.
• Broader markets outperformed, led by a 276-point rise in the midcap index.
• IT stocks provided support, while auto stocks faced pressure; Nifty Bank declined 128 points.
• Tata Elxsi and KPIT surged 6-10% on positive brokerage notes; jewellery stocks rallied on strong Q3 updates.
• Cipla was a top Nifty loser due to US FDA observations; Maruti Suzuki and Tata Motors PV also slipped.

Why It Matters: Indian equities saw a mixed close with broader markets outperforming, Nifty holding 26,100.