Broad Market Decline as Sector Rotation Weighs on Indices.

— Representative of PSU banks facing profit-booking after a strong run. — Reflects volatility in defence stocks amid shifting sentiment. — Tracks movement in pharma, a key defensive sector. Equity benchmarks declined as investors rotated out of previously strong sectors such as PSU banks, defence, pharma, and capital goods, leading to broad-based selling pressure. Sector rotation often signals portfolio rebalancing, profit booking, or changing risk appetite. Investors study earnings visibility, order pipelines, and macro signals before reallocating capital. These sectors have been major contributors to recent market performance. Market leadership can shift quickly; diversification helps manage volatility. Disclaimer: This article is for informational and educational purposes only. It does not constitute investment advice.