Markets Under Pressure: Sensex Falls 450 Points, Nifty Trades Below 23,250

Indian benchmark indices remained under pressure, with the Nifty50 slipping below 23,250 and the Sensex declining nearly 450 points during trading. Major laggards included $WIPRO o, $ETERNAL , $INDIGO (IndiGo), $SHRIRAMFIN Finance, and $TMCV . Despite the weak sentiment, the market pared some of its intraday losses, with the Nifty50 recovering above the 23,200 mark. Leading gainers on the Nifty were $MAXHEALTH , $POWERGRID , $TECHM , $BEL , and $APOLLOHOSP . Sector-wise, most indices traded in negative territory. Metal, Auto, IT, Realty, and Banking stocks witnessed notable selling pressure, declining between 0.5% and 1%. In contrast, FMCG, Pharma, and Healthcare sectors showed relative resilience and outperformed the broader market. Market volatility intensified significantly, with the India VIX surging more than 7%, reflecting increased investor caution and uncertainty. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.