Nifty traded flat near 24,700 as weak IT stocks, FII selling, and tariff jitters kept sentiment cautious. Analysts flagged oversold signals but saw limited upside unless Nifty closes above 24,820. Most advise avoiding positional trades. Jio Financial, IndusInd, and Paradeep led gains, while BEL and Mazagon Dock fell post Q1. Retail mood is bearish.