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Explained: What pulled Sensex, Nifty lower despite gains in broader markets?
Indian markets closed lower after a volatile session as IT stocks dragged the benchmark indices. While the Sensex fell 250 points and the Nifty slipped below 23,900, broader markets outperformed, with the Midcap Index advancing and NSE market breadth remaining positive. The Nifty has still gained 7% in Q1 FY27, its strongest quarterly performance in a year.
Indian markets closed lower after a volatile session as IT stocks dragged the benchmark indices. While the Sensex fell 250 points and the Nifty slipped below 23,900, broader markets outperformed, with the Midcap Index advancing and NSE market breadth remaining positive. The Nifty has still gained 7% in Q1 FY27, its strongest quarterly performance in a year.
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