In a challenging trading session, the BSE 500 index recorded a decline of 0.44%, reflecting a broader market trend where only three sectors advanced against 35 that faced losses. The BANKNIFTY emerged as a rare bright spot, gaining 0.07%, driven primarily by Federal Bank, which surged by 2.38%. Other sectors showing slight gains included BSE CD and BANKEX, both up by 0.04%.
Conversely, the real estate sector faced significant headwinds, with REALTY plummeting by 1.78% and NIFTYREALTY down by 1.45%. Sobha was a notable underperformer in this space, dropping by 2.48%. The NIFTYMETAL sector also struggled, with Hindustan Copper declining by 2.24%.

On a more positive note, the NIFTYAUTO sector showcased resilience, achieving the best advanced-decline ratio of 0.67, indicating a relatively stronger performance compared to other sectors. As market participants navigate these fluctuations, the disparity between advancing and declining sectors highlights the ongoing volatility in the financial landscape.