Indian Equity Markets Retreat Amid Broad-Based Selling Pressure
Benchmark indices surrendered early gains as financial and metal stocks dragged markets into negative territory. The Sensex fell 0.56% to 81,862.34 while Nifty50 declined 0.53% to 25,094.55 by midday, reflecting weakening sentiment across sectors.
Market breadth turned decisively negative with 2,763 decliners outpacing 1,206 advancers on BSE. The selloff extended to broader indices with Nifty Midcap 100 dropping 0.81% and Nifty Financial Services slipping 0.49%, signaling risk-off positioning among investors.
Tata Motors emerged as a rare bright spot among Nifty constituents, climbing 1.4% even as peers like Bajaj Finance and Tata Steel weighed on the index. The session saw 175 stocks locked in upper circuits against 145 in lower circuits, illustrating selective pockets of demand amid the downturn.
