The Indian equity markets opened sharply lower, mirroring weak global cues and a frail signal from GIFT Nifty, indicating a gap-down start. The benchmark Nifty50 index saw a steep decline of over 550 points at the open, reversing positive momentum built earlier in the week. Sentiment remained fragile throughout the session, with persistent selling pressure across sectors. The index experienced heightened volatility and eventually settled near the 23000 mark, registering a significant decline of over 3.26% for the day.
