In a challenging trading session, the overall market reflected a negative sentiment, with the BSE 500 index recording a decline of 0.24%. Out of the sectors analyzed, only two managed to advance, while a staggering 36 sectors faced declines, resulting in a low advance-decline ratio of 0.06.
The S&P BSE Telecommunication sector emerged as a slight outperformer, gaining 0.12%, driven primarily by Sterlite Technologies, which saw a notable increase of 0.94%. The BSE Healthcare sector also posted modest gains, up by 0.05%, with Advanced Enzyme leading the charge with a robust rise of 2.14%.

Conversely, the NIFTYCPSE sector faced the steepest decline, down 0.92%, largely impacted by ONGC, which fell by 1.66%. The NIFTYIT sector followed closely, decreasing by 0.87%, with Persistent Systems contributing to the downturn with a drop of 1.05%. The OILGAS sector also struggled, down 0.79%, again affected by ONGC's performance.

Notably, the NIFTYCPSE sector recorded the best advance-decline ratio of 10, while OILGAS had a ratio of 0.11, highlighting the significant disparity in sector performance during this trading day.