In a turbulent trading session today, the Sensex experienced a notable decline, dropping by 362.97 points to settle at 80,937.00, reflecting a decrease of 0.65%. This downturn comes as the index trades below its 50-Day Moving Average, which itself is positioned above the 200-Day Moving Average, indicating a complex market sentiment.
Among large-cap stocks, Shriram Finance emerged as a standout performer, gaining traction with a 2.74% increase. Conversely, Kotak Mahindra Bank faced significant pressure, marking it as the top loser in the large-cap category with a notable decline. Mid-cap stocks also displayed mixed results, with Laurus Labs leading the pack with a 6.57% rise, while SAIL struggled, falling by nearly 5%.

The broader market sentiment was reflected in the advance-decline ratio across the BSE500, which showed 125 advances against 373 declines. The realty sector was particularly hard-hit, declining by 3.37%, while the Nifty Pharma sector managed a slight gain of 0.35%.

As investors brace for upcoming earnings reports from major players like NTPC and GMR Airports, market participants remain cautious amid the prevailing volatility.