Indian stock markets recorded their steepest single-day decline in nearly a month. The drop followed a worldwide selloff in technology shares and concerns over possible US interest rate moves.
The Nifty 50 and BSE Sensex both declined notably during the session. A stronger US dollar and profit-taking after earlier gains added pressure on the benchmarks.
Most sectors posted losses, with metals and information technology shares among the weakest performers. In contrast, the pharmaceutical and healthcare sectors held up better than the broader market.
Trading volumes and volatility rose as the session progressed. Market participants are now monitoring key support levels for further direction.
