Mumbai, May 19: Indian stock markets closed marginally lower on Tuesday, as investors remained cautious amid ongoing inflation concerns and mixed global signals.
Benchmark indices Sensex and Nifty traded within a narrow range throughout the session, reflecting a lack of strong directional momentum. Sentiment was largely influenced by worries over persistent price pressures and uncertainty in global financial markets.
However, losses were cushioned by strong performance in the IT sector, which saw selective buying interest and provided support to the broader market. The technology pack remained resilient, helping limit overall downside.
Market experts said volatility is likely to continue in the near term as investors closely monitor inflation data, central bank policy cues, and global economic developments.
Despite the cautious mood, analysts noted that sector-specific strength indicates underlying stability in parts of the market, even as macroeconomic concerns continue to shape investor behaviour.