The Indian market witnessed selling pressure at higher levels as traders preferred to book profits. The S&P BSE Sensex fell over 400 points to close below 80,000 while the Nifty50 also closed with a loss of over 100 points at 24,324.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and