Markets Reverse Early Gains; Sensex Drops 500 Points, Nifty Slips Below 23,950

Today Stock Market Benchmark indices reversed early gains and turned sharply lower, with the Nifty slipping below the 23,950 level and the Sensex declining over 500 points amid broad-based selling pressure. Global market weakness added to investor caution, while South Korea's Kospi index plunged nearly 11%. Sector-wise, selling was witnessed across most segments, with only the pharma and healthcare indices managing to stay in positive territory. Among the Nifty 50 stocks, $CIPLA , $SUNPHARMA , $SHRIRAMFIN and $APOLLOHOSP led the gains. On the downside, $INFY , $TCS , $HINDALCO , $ADANIPORTS rts, and $ADANIENT were among the top losers, weighing heavily on the benchmark indices. Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.