Market Caution: Bet on Reliable Stocks Amid Volatility; Nifty Holds 25600

M
Moneycontrol•06-02-2026, 14:50
Market Caution: Bet on Reliable Stocks Amid Volatility; Nifty Holds 25600
- •Despite weak global cues, the market recovered, with Nifty holding above 25600, but midcap and smallcap indices underperformed.
- •IT sector saw a third consecutive day of selling, with Tech Mahindra and TCS among top losers; metal, PSU banks, auto, pharma also down.
- •Bharti Airtel surged 2% on strong results and 5G subscriber growth; LIC shares jumped 7% after profit increase.
- •Cigarette stocks ITC and Godfrey Phillips rose up to 11%; Nykaa and Hitachi reached day's highs.
- •Experts advise caution, focusing on fewer, reliable stocks; Nifty support at 25,450-25,550, resistance at 25,700-25,800.
✦
More like this
Loading more articles...





