Overview
- The Sensex closed at 81,715.63 and the Nifty at 25,056.90, extending the Sensex’s four‑session slide to nearly 1,300 points.
- Persistent foreign institutional outflows added to the drag alongside the visa fee shock.
- Five heavyweights—HDFC Bank, ICICI Bank, Reliance Industries, Tata Motors and Axis Bank—accounted for much of the index decline; Tata Motors dropped about 2.6%.
- Market breadth weakened on the BSE with 2,572 decliners versus 1,586 advancers, and 176 stocks hit new 52‑week highs while 76 set new lows.
- Analysts highlighted support near 25,000–25,100 on the Nifty and suggested recent headwinds could prove transitory, with stock‑specific tactical ideas in autos.