Nifty and mid‑caps dip as investors stay cautious amid oil rally

During the trading day, the Nifty 50 fell 42.4 points, about 0.17%, settling near 24,245. The broader market saw a 0.08% dip in the mid‑cap segment, while small‑caps edged up 0.27%. Sectoral pressure was strongest in IT, telecom, real estate, financial services, private banks, media, metals and FMCG, all registering declines. Meanwhile, PSU bank stocks and auto shares posted modest gains, reflecting limited sector‑specific buying amid a broadly risk‑averse environment.