Weakness was pronounced in auto, banking, and financial stocks, with Bajaj Finance, Axis Bank, Bajaj Finserv, Eicher Motors, and Mahindra & Mahindra leading the declines, each dropping between 3–4%. In contrast, select defensives such as NTPC, Jio Financial, Coal India, Sun Pharma, and Dr. Reddy’s Labs managed modest gains. The Nifty Midcap index fell 1.2%, while the Smallcap index slipped 0.36%.
