Market Wrap-Up: Sensex sinks 609 pts; Nifty slips under 26,000; Realty slides 3%; Volatility spikes 8%

Indian equity indices finished sharply lower on Monday, weighed down by the absence of strong domestic cues and broad-based selling pressure. By the closing bell at 3:30 PM, the Sensex dropped 609.68 points (0.71%) to 85,102.69, while the Nifty50 declined 225.90 points (0.86%) to 25,960.55. During the day, the Nifty touched an intraday low of 25,892, and the Sensex slipped to 84,875.50 at its day’s bottom. Among major losers on the BSE were

, l, , , and , each correcting up to 4.8%. In contrast, Tech Mahindra stood out as the only stock in the green, gaining about 1.3%. The broader markets mirrored the weakness in frontline indices. The Nifty Midcap 100 sank 1.83%, while the Nifty SmallCap 100 index declined 2.6%, indicating deeper pain in mid- and small-cap counters. Across sectors, the screen was painted red. Nifty Realty witnessed the steepest cut, slipping around 3.5%. Nifty PSU Bank and Nifty Media also registered declines exceeding 2%, while Nifty IT saw a relatively smaller drop of 0.29%. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.