Markets kicked off the week on a cautious note, with global uncertainty and recent gains prompting some profit-taking. Still, pockets of strength emerged, especially in banking and financial stocks.

Financials Lead, Tech and Auto Drag

The Nifty ended the session largely flat, as gains in select financial counters were offset by losses in IT and auto names. Among the top performers were Shriram Finance, IndusInd Bank, Apollo Hospitals, Kotak Mahindra Bank, and Axis Bank. Their solid performance helped cushion the broader index from steeper declines.

On the other side of the trade, IT majors and auto stocks faced selling pressure. Infosys, Maruti Suzuki, Tech Mahindra, Tata Consumer Products, and Cipla were among the biggest drags on the Nifty, reflecting broader investor caution in these sectors.

Global Sentiment Keeps Traders on Edge

Market mood remained sensitive to global headlines. Concerns over potential US tariffs, ongoing geopolitical strains, and key macroeconomic data releases kept investors on their toes. These factors continued to weigh on sentiment, despite local stock-specific momentum.

Meanwhile, all eyes are on the earnings season. Traders are closely tracking upcoming results, especially from large-cap firms. Notably, Wipro is set to announce its quarterly results later today, which could influence the short-term market direction.

For now, the market seems to be in a wait-and-watch mode, balancing optimism in select sectors with caution around global and domestic triggers.