Indian equities reversed early gains, slipping into the red as optimism around US trade developments faded, overshadowed by losses in FMCG and IT stocks. Despite a broad-based advance in small and mid-cap indices, investor caution prevailed. Geopolitical developments and US trade policies continue to influence market sentiment.
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SBI Securities expects Nifty’s breakout to strengthen if it crosses 24,450, opening the door to 24,900. While small-caps continue outperforming, Bank Nifty retains a positive