Indian equity benchmarks concluded the recent trading session in negative territory, reflecting broad-based selling pressure. The Nifty 50 closed at 23866.85, registering a decline of 1.63%, while the S&P BSE Sensex shed 1.72%, settling at 76863.71. This downturn mirrored global cautious sentiment despite some varied cues from international markets, with crude oil sliding below $85 and the Nikkei showing a 1% gain.
Sector-specific movements saw a handful of stocks defying the broader market trend, providing some resilience. DRREDDY, SUNPHARMA, COALINDIA, NTPC, and WIPRO were among the key constituents that experienced buying interest, helping to mitigate some of the market's losses. Conversely, the market's descent was significantly influenced by selling in heavyweight counters such as EICHERMOT, M&M, BAJAJFINSV, AXISBANK, and BAJFINANCE, which acted as major drags on the indices.
As of the provided information, specific data regarding the activity of Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) for the trading session was not made available within the news context.
