Mumbai, Feb 17 || The Indian equity markets traded lower on Tuesday amid volatility from Nifty weekly expiry session and weakness in metal stocks.
As of 9.30 am, Sensex lost 232 points, or 0.28 per cent, to reach 83,044, and Nifty dipped 92 points, or 0.36 per cent, to settle at 25,590.
Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 declined 0.28 per cent, and the Nifty Smallcap 100 dipped 0.05 per cent.
All major sectoral indices traded in the red except Nifty IT, FMCG and PSU Bank. The major loser was Nifty metal, down 1.35 per cent and the major gainer was IT, up 1.08 per cent.
Immediate support for Nifty is placed at 25,550-25,500 zone, while resistance is anchored at 25,700-25,800 zone, market watchers said.
Bank Nifty continues to demonstrate relative resilience, with immediate support placed in the 60,500–60,400 zone, marking a key demand area aligned with the prior breakout and trendline support. On the upside, immediate resistance is seen near 61,000, market participants said.