Live: Relief rally kicks in! Nifty defends 23k, breaks 3-week losing streak | Closing Bell
Markets have come sharply off the day’s highs, with the Sensex down 600 points from the top and the Nifty slipping 200 points from its peak to fall below the 23,100 mark. The Bank Nifty has also turned negative, losing 950 points from the day’s high, while the smallcap index is off 200 points from its top levels. Even as headline indices see pressure, the broader markets continue to hold in the green, led by gains in midcap stocks. On the sectoral front, IT, pharma and PSU banks are emerging as the top gainers, while realty and financial stocks remain under pressure, dragging the market lower.