The BSE Sensex was trading at 78,295.70, down 379.48 points, or 0.48 per cent. Smallcap and midcap indices fell 1.77 per cent and 1.41 per cent, respectively.

After opening in green on Tuesday, the key benchmark indices - Sensex, Nifty bled heavily with the BSE Sensex dropping 1,053 points or 1.32 per cent at 78,767.49, from its day's high

Benchmark stock market indices dropped in the afternoon session, with the Sensex experiencing a notable decline due to weak earnings reports and foreign outflows. The S&P BSE Sensex lost 659.08 points to 78,

Bank stocks HDFC Bank and State Bank of India contributed most to the Sensex fall. NTPC, Tata Motors and Bajaj Finance also contributed to the decline.

Indian benchmarks opened higher, led by banking and IT stocks, after three sessions of declines due to weak earnings.

Indian benchmark equity indices BSE Sensex and Nifty 50 opened higher on Tuesday, amid strength in the US markets.

The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 24,235 level, a premium of nearly 10 points from the Nifty futures’ previous close.

Indian stock markets opened higher on Monday, driven by gains in Tata Motors and Asian Paints, but traded with caution ahead of key corporate earnings reports. Despite the initial surge, technical indicators suggest continued market volatility and consolidation in the near term.