Closingl: Sensex Sheds 547 Points, Nifty Falls Below 22,350

Sensex Sheds 547 Points, Nifty Falls Below 22,350 as IT, FMCG and Financial Stocks Decline Indian equity markets closed lower on Monday, October 12, extending their downward trend amid broad-based selling pressure. The Sensex tumbled 547 points, while the Nifty 50 ended below the 22,350 mark. Top Nifty Losers: Tech Mahindra, ITC,

(L&T), State Bank of India (SBI) and Bharti Airtel. Top Gainers: Dr. Reddy’s Laboratories, Bajaj Auto, Bharat Electronics (BEL), BSE Ltd and Cipla. Sectoral Trends: The Nifty Media index outperformed, climbing around 4%, followed by Realty, which gained nearly 1%. Auto rose 0.6%, while Pharma edged higher by 0.3%. Conversely, IT, Metal, Private Bank, PSU Bank and FMCG indices declined by approximately 0.5%–1%. Broader Market Update: The Nifty Midcap index eased 0.2%, whereas the Smallcap index advanced 1.3%, reflecting stronger buying interest in smaller-cap stocks. Market Wrap-Up: Persistent selling in IT, FMCG and financial shares dragged the benchmark indices lower. However, gains in Media, Realty and Smallcap stocks offered some support amid a mixed market trend. Disclaimer: Investment in the securities market is subject to market risks. Read all related documents carefully before investing.