Sensex, Nifty, Share Prices LIVE: Indian equity markets faced a sharp decline on Wednesday, mirroring weakness in global markets and concerns over a potential U.S. economic slowdown. The BSE Sensex dropped 406.86 points (0.49%) to 82,148.58, while the NSE Nifty fell 144.40 points (0.57%) to 25,135.45 by 1 pm. Market breadth was negative, with 2,069 stocks declining and 1,773 advancing on the BSE. IT stocks led the downturn, with Wipro plummeting 3.21%, followed by Mphasis, Infosys, LTIMindtree, and Coforge. In contrast, Asian Paints, Hindustan Unilever, Grasim, Divi’s Lab, and Reliance were the top gainers. Shrey Jain, Founder and CEO of SAS Online, noted that the Bank Nifty may face resistance at higher levels, with support likely at 51,000. For the Nifty, support is expected between 25,050 and 25,100. Investors are keeping an eye on global cues and domestic factors for further market direction as the day progresses.
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