Nifty Range-Bound Between 25,300-25,750 Amid Volatility; IT Sector Plunges

• Nifty closed below its 21-DMA but found support near 200-DMA at 25,330, reinforcing it as a key cushion.
• The index settled 259 points lower at 25,459, with NTPC, Coal India, and JSW Steel advancing, while Tech Mahindra, HCL Tech, and Eternal dragged.
• IT sector extended its slide to a fifth straight session, plunging nearly 5% due to AI-led disruption concerns, marking its worst monthly performance since September 2008.
• Analysts expect volatility to persist within the 25,200-25,800 band, with 25,300 acting as crucial support for a potential bounce.
• Investors are tracking US consumer confidence data and Eurozone CPI for further market cues.