Among the top losers on the Nifty were Shriram Finance, Trent, UltraTech Cement, Titan Company, and Jio Financial. On the other hand, HCL Technologies, ONGC, Power Grid Corp, and Infosys managed to buck the trend and close in the green.
Selling was broad-based across sectors, with all sectoral indices finishing lower. Realty, capital goods, consumer durables, metals, telecom, and PSU banks led the losses, shedding between 4–5 per cent. Meanwhile, auto, energy, media, private banks, and oil & gas indices declined around 3 per cent each.
The broader markets also mirrored the weak sentiment, with the Nifty Midcap and Smallcap indices falling nearly 4 per cent each, highlighting the intensity of the sell-off beyond frontline stocks.