Sensex traded 255.89 pts lower and Nifty 50 down 79.85 pts, with India VIX declining 1.73 per cent.
Majority of sectoral indices traded in negative territory, except PSU bank. Metal, auto, and IT stocks fell, while defence, healthcare, and banking stocks showed resilience.
Gainers of Nifty 50 components included Eternal/Zomato, Apollo Hospitals, Larsen & Turbo, Cipla, and Bajaj Finserv. Bajaj Auto, Hindalco, Shriram Finance, NTPC, and Tata Motors declined.
In the midcap and smallcap segment, Suzlon, BSE, Muthoot Finance, Cummins India, and BDL saw positive moves, while Ola Electric, Mazagon Dock, SJVN tumbled post Q4 results. ICRA, Lumax Auto, and Suzlon reacted positively to Q4 numbers.