Stock Market Volatility: Nifty Consolidates, Metal Shines, IT Under Pressure

Business
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Moneycontrol•14-01-2026, 10:25
Stock Market Volatility: Nifty Consolidates, Metal Shines, IT Under Pressure
- •Nifty trades around 25700 amidst consolidation and volatility on Sensex weekly expiry.
- •Metal stocks, led by Tata Steel and Hindalco, show strong gains; Nifty Metal index up 1%.
- •IT sector faces pressure ahead of Infosys's Q3 results, expected to show flat dollar revenue.
- •Coal India gains due to overwhelming 147x subscription for BCCL's IPO.
- •Nifty expected to range between 25,450-26,000; Bank Nifty needs to cross 59,800 for upward move.
Why It Matters: Indian markets consolidate amid volatility; metals surge, IT dips, with key levels to watch for Nifty and Bank Nifty.
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