Indian equity benchmarks remained under pressure during Thursday’s trading session, with the Nifty 50 trading around 23,320, down nearly 86 points, while the Sensex slipped close to 300 points to hover near 74,050. Weakness in heavyweight stocks continued to weigh on overall market sentiment despite selective buying in a few counters.
Among the biggest drags on the Nifty were Reliance Industries, HDFC Bank, Infosys and Bharti Airtel, which collectively accounted for a significant portion of the index's decline. Reliance emerged as the top negative contributor, followed by HDFC Bank and Infosys, reflecting pressure across energy, banking and technology stocks.
On the positive side, State Bank of India (SBI), Asian Paints, Adani Enterprises and Coal India provided support to the benchmark index, helping limit the downside. However, gains in these stocks were insufficient to offset the broader weakness across frontline shares.
Meanwhile, GE Vernova T&D attracted investor attention after emerging as a notable gainer, rising nearly 2% during the session amid strong buying interest.
Market participants continue to monitor global developments, crude oil prices, foreign investor activity and key support levels for further direction, as volatility remains elevated across domestic equities.
