Sensex Slumps 539 Points; Nifty Ends Below 24,100
What Happened
Indian equities ended lower for the second straight session after giving up early gains. The Sensex fell 539 points (0.7%) to 76,933, while the Nifty dropped 117 points (0.48%) to 24,091, slipping below the key 24,100 mark. Selling in banking, metal, auto and cement stocks weighed on sentiment.
Key Takeaways
HDFC Bank, Hindalco and Bharti Airtel were among the major drags, while pharma stocks showed resilience. Markets remain cautious amid mixed global cues, geopolitical uncertainty and monthly expiry volatility.
Sources
Insights Minute