In a challenging trading session today, the Sensex opened at 80,695.50, reflecting a notable decline as it currently trades at 80,941.03, down by 540.83 points. The market sentiment remains cautious, with all 38 sectors experiencing declines, highlighting a broad-based sell-off. The S&P BSE Telecommunication sector emerged as the top loser, indicating significant pressure in that area.
Despite the overall downturn, Jio Financial has shown resilience, emerging as the top large-cap gainer with a notable increase. Meanwhile, the small-cap segment has remained relatively flat, with HEG leading the small-cap gainers, showcasing some strength amidst the market's struggles.

The advance-decline ratio across the BSE500 paints a stark picture, with only 104 stocks advancing against 394 declining, reflecting a market that is heavily skewed towards losses. The small-cap and mid-cap indices are also under pressure, with declines of 0.6% and 0.88%, respectively.

As investors navigate this turbulent market landscape, upcoming earnings reports from major players like LIC Housing Finance and ITC will be closely watched for insights into future performance and market direction.