Sensex slides for 5th straight day, closes 556 pts lower; Nifty dips under 24,900; Trent slumps 4%,

POWERGRID

down 3%

Indian benchmarks declined for the fifth consecutive session on Thursday, with the Sensex and Nifty pressured by financials and IT counters, as continuous foreign fund withdrawals and concerns over U.S. visa restrictions dampened sentiment. The S&P BSE Sensex slipped 555.95 points, or 0.7%, to settle at 81,159.68, while the NSE Nifty 50 fell 166.05 points, or 0.7%, finishing at 24,890.85. The weakness was widespread, led by banks and technology heavyweights. Among the 30 Sensex constituents,

t, , , , s, and NTPC were the top laggards, losing between 2–3%. On the flip side, Bharat Electronics, Axis Bank, and l gained up to 2%, partially offsetting the decline. IT names retreated over 1% as the sector continued to reel under pressure from the U.S.’s decision to tighten visa norms. In the broader market, small-cap and mid-cap indices slipped 0.6% each. Meanwhile, metal counters outperformed, with the Nifty Metal index rising 0.2% after Hindustan Copper surged 6.3%. The rally followed a spike in global copper prices triggered by production disruptions at Freeport-McMoRan’s Indonesian operations due to a sudden mudflow. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.