Indian equities are under pressure, with the Sensex falling 547 points to 71,924 and the Nifty down 157 points to 22,363. Realty, FMCG and auto stocks have led the decline, while midcaps fell hardest. Analysts attribute the correction to inflation, RBI rate decisions and sector-specific challenges, advising investors to focus on fundamentals rather than beaten-down prices.
Sensex, Nifty Slip as Realty and FMCG Lead Market Correction
Source: Moneycontrol