Overview
- The Nifty 50 fell 0.86% to close at 24,039.35, while the Sensex dropped 0.74% to 79,212.53, reversing early gains.
- Midcap and small-cap indices faced steep losses, declining by 2.55% and 2.45%, respectively, as market breadth remained negative.
- The India Vix volatility index rose 6%, reflecting heightened investor fear amid geopolitical turmoil.
- Defensive IT stocks like TCS, Infosys, and Tech Mahindra outperformed, while financials, auto, and commodity-linked shares lagged.
- Foreign Institutional Investors showed resilience, purchasing equities worth ₹8,250.53 crore despite the broader market downturn.