Indian equity markets demonstrated resilience as the Nifty 50 and BSE Sensex extended their winning streak for a third consecutive session. Gains were primarily fueled by a strong showing in the metal and PSU banking sectors, which managed to offset continued weakness in the IT space. **Benchmark Performance** The **BSE Sensex** rose by **283.29 points** or **0.34%** to settle at **83,734.25**. The **Nifty 50** climbed **93.95 points** or **0.37%** to finish at **25,819.35**. **Market Breadth and Institutional Activity** The overall market sentiment remained positive, with the **Nifty Midcap 100** adding **0.50%** to reach **60,183.20**. Institutional data revealed a supportive environment as **Foreign Institutional Investors (FIIs)** turned net buyers, purchasing shares worth **₹995.21 crore**. **Domestic Institutional Investors (DIIs)** also remained on the buy side with a net inflow of **₹187.04 crore**. **Sectoral Highlights** **Top Gainers**: Metal stocks and state-owned lenders led the rally. Individual standouts included **Kwality Wall’s** (up **4.97%**), **HDFC Life** (up **3.39%**), and **Tata Steel** (up **2.84%**). **Top Losers**: The IT sector faced renewed pressure. **Wipro** declined **1.64%**, while **Tech Mahindra** and **Infosys** fell by **1.56%** and **1.38%** respectively. **Macroeconomic Landscape** The market is reacting to a backdrop of cooling inflation. India's retail inflation (CPI) eased significantly to a seven-month low of **3.61%**, down from **4.26%** in the previous month. This cooling was largely driven by a sharp drop in food inflation, which fell by **222 basis points** to **3.75%**. Industrial activity remains robust, with the **Index of Industrial Production (IIP)** expanding by **5.0%**, surpassing market expectations. Growth was particularly strong in manufacturing (**5.5%**) and electrical equipment (**21.7%**). **Technical Outlook** Analysts anticipate a period of consolidation following this three-day rally. **Nifty 50 Support/Resistance**: Immediate support is identified at **25,600**, with a deeper demand zone at **25,300**. Resistance is capped at **26,000**, which serves as a significant psychological barrier. **Sensex Support/Resistance**: The index finds key support near **83,000**, while resistance is expected between **83,850 and 83,950**. The short-term bias remains sideways-to-bullish, though investors are advised to track global cues and continued FII flows as the indices approach these overhead hurdles. [Indian Stock Market Today: Latest on Nifty and Sensex](https://www.youtube.com/watch?v=qCwV0unkLWg) This video provides a deep dive into the latest retail inflation and industrial production data, which are key drivers for current market movements. http://googleusercontent.com/youtube_content/0