Sensex, Nifty Trim Gains: Profit Booking, Global Yields Drive Market Dip

• Sensex declined 250 points from day's high, Nifty fell below 25,950 after early gains.
• Profit booking at higher levels led to selling pressure in select heavyweights.
• Nifty faced resistance near the 26,000 mark, indicating market indecision.
• Japan's 10-year bond yield topping 2% due to an interest rate hike impacted global sentiment.
• Analysts advise a selective approach, buying on declines with strict stop-losses, and tracking global cues.

Why It Matters: Indian markets pared early gains due to profit booking, key resistance, and global bond yield concerns.