Indian equity markets closed marginally lower as investors turned cautious amid stock specific selling and mixed global cues. The Sensex settled 102 points lower by the end of the session, while the Nifty slipped below the 26,150 mark, signaling a pause in momentum after recent market gains. Trading remained range bound for most of the day as participants balanced profit booking with selective buying.
Automobile stocks led the decline, putting pressure on the broader indices. Maruti Suzuki emerged as one of the top losers, falling around 3 percent as concerns over near term demand and margins weighed on sentiment. Tata Motors Passenger Vehicles also declined by about 2 percent, reflecting continued weakness in the auto segment and contributing to the overall softness in the market.
Other sectors showed mixed performance, with limited support coming from financial and technology stocks. While some stocks managed to hold ground, the lack of strong buying interest kept the indices under pressure. Investors appeared cautious, choosing to stay selective amid ongoing uncertainty around global markets and upcoming economic data.
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