In a challenging trading session, the BSE 500 index recorded a decline of 0.49%, reflecting a broader trend of weakness across the market. Notably, all sectors faced downward pressure, with 38 sectors declining and none advancing.
The NIFTYPSUBANK sector was among the hardest hit, falling by 1.52%. This decline was significantly influenced by Bank of Maharashtra, which saw its stock drop by 4.15%. The S&P BSE Telecommunication sector also struggled, decreasing by 1.39%, primarily due to a notable decline in Sterlite Technologies, which plummeted by 4.87%. Additionally, the BSE Consumer Durables sector faced a downturn of 1.13%, with Dixon Technologies leading the decline at 3.38%.

Despite the overall negative sentiment, the AUTO sector stood out with the best advanced-decline ratio of 0.82, indicating relatively better performance compared to other sectors. However, the prevailing trend remains bearish, as investors navigate through a landscape marked by significant sectoral losses.