The Bombay Stock Exchange benchmark index witnessed significant pressure during the session and ultimately closed 719.08 points lower at 73,524.26, registering a decline of 0.97 percent. The index experienced persistent volatility as recovery attempts during intraday trade failed to sustain momentum, resulting in a firm negative close.
Similarly, the National Stock Exchange benchmark Nifty-50 index declined 243.70 points to settle at 23,123.00, marking a fall of 1.04 percent. The session remained volatile with fluctuations dominating trading activity, reflecting sustained selling pressure across key sectors.
Market breadth remained decisively negative on the National Stock Exchange, where a total of 3,408 companies were traded during the session. Among them, 760 companies recorded gains, while 2,543 companies declined and 105 companies remained unchanged. Within the Nifty-50 index, only 9 constituents advanced compared to 41 that ended lower. On the Bombay Stock Exchange, 6 stocks out of the 30-index constituents advanced, while 24 declined.
The widespread weakness across indices and sectors underscored investor caution amid geopolitical tensions and global market instability. Market participants noted that the persistent volatility and lack of sustained recovery signals warrant a cautious approach in the near term.
The trading session concluded with a clear indication of risk aversion dominating investor sentiment, as external geopolitical developments and global market weakness continued to influence domestic equity performance.
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