In a turbulent trading session today, the market faced significant downward pressure, with the SENSEX experiencing a notable decline of over 900 points. Among the large-cap stocks, SBI Life Insurance emerged as a standout performer, gaining 4.10%, while Adani Green struggled, marking a substantial loss of 6.24%.
The broader market sentiment was reflected in the advance-decline ratio across the BSE500, which showed a stark contrast with only 12 stocks advancing against 488 declining. This trend was echoed across various market segments, with mid-cap and small-cap indices also facing declines of 2.86% and 3.28%, respectively.

The power sector was particularly hard-hit, leading the decline with a drop of 3.22%. Despite the overall market downturn, SBI Life Insurance's performance highlights its resilience in a challenging environment. Analysts have noted a revision in its evaluation, suggesting a potential shift in market perception.

As investors await upcoming earnings reports from companies like MRPL and IDFC First Bank, the market remains cautious, navigating through a landscape marked by volatility and sector-specific challenges.