Banking Blues Sink Markets; Nifty Slips 97 Points, Pharma Holds Fort

Despite a positive start, where Nifty crossed the highs of the previous four trading sessions in early trade, the momentum fizzled out, and the index ended in the red. Selling pressure in Financial Services and Banking stocks led the decline, dragging broader markets lower. • Nifty 50: 24,487 Down 97 pts (-0.40%) • Bank Nifty: 55,043 Down 467 pts (-0.84%) Sectoral Snapshot: • Top Gainer: Nifty Pharma ▲ 0.70% • Top Loser: Nifty Financial Services ▼ >1% Stock Movers (Nifty-50): • Top Gainers:

▲ 1.93%, ▲ 1.90% • Top Losers: ▼ 2.83%, ▼ 1.93% Market Mood: Early optimism failed to sustain as profit booking and sector-specific weakness weighed on sentiment. Banking and financial counters bore the brunt, while pharma stocks offered some relief. Disclaimer: This document is prepared by SEBI RRA (Reg. No. INH000016649), solely for informational purposes. It does not constitute investment advice, trading recommendations, or an offer to buy/sell any securities. Information is based on sources deemed reliable but is not guaranteed for accuracy or completeness. No warranty, express or implied, is provided. Portions of this content may have been reviewed or refined using AI tools to enhance grammatical accuracy and sentence structure. Past performance is not indicative of future results. Investments are subject to market risks. Investors should consult a qualified financial advisor before making decisions. SEBI registration and NISM certification do not assure performance or returns. Any securities mentioned, if any, are purely illustrative and not recommendations.