Overview

• The Sensex fell 297.07 points to 82,029.98 and the Nifty50 lost 81.85 points to 25,145.50, extending losses to a second session.
• Market breadth deteriorated as mid- and small-cap indices lagged, with IT, banking and FMCG stocks among the main decliners.
• Softer-than-expected inflation alongside a muted start to Q2 results fueled profit taking and stoked concerns about consumer demand.
• LG Electronics India made a strong debut, listing at nearly a 50% premium to its issue price and rewarding IPO allottees.
• Caution was reinforced by weak Asian and European cues and fresh FII selling reported the previous session, while analysts expect near-term volatility and foresee a potential demand pickup in H2 FY26.