Sensex Falls Over 500 Points; Nifty Trades Near 22,600

Indian equity benchmarks remained under pressure, with broad-based selling weighing on market sentiment. The Sensex declined around 550 points, while the Nifty slipped towards the 22,600 mark. The Sensex was down 510.35 points (0.69%) at 73,199.34, while the Nifty 50 fell 187.25 points (0.82%) to 22,624.10. Market breadth remained weak, with approximately 1,250 stocks advancing, 2,580 declining and 170 ending unchanged. The Nifty Midcap and Smallcap indices also shed around 1% each. Sectoral Performance: Most sectoral indices traded in negative territory, while Pharma and Realty showed relative resilience against the broader market weakness. Investment in securities market are subject to market risks. Read all the related documents carefully before investing,