Market Update: Sensex Drops Over 400 Points; Nifty Slips Below 23,950, Banking Stocks Under Pressure

Today Sensex Benchmark indices traded under pressure on Tuesday afternoon, with the Sensex tumbling over 400 points and the Nifty slipping below the 23,950 mark as banking and consumption stocks witnessed sustained selling. Market breadth remained slightly weak, with 1,979 stocks advancing against 1,816 declining shares. Selling pressure in banking, consumer durable, and realty counters continued to weigh on investor sentiment. However, metals and energy stocks provided partial support to the market. Broader markets showed resilience and continued to outperform the benchmark indices, while overall market volatility stayed largely under control. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.