Wednesday was another day of fall for benchmark stock indices Sensex and Nifty as US 10-year bond yields spiked and dollar hit four-month high against a basket of major currencies, ahead of US CPI inflation data later in the day.

The S&P BSE Sensex was down 76.81 points to 78,598.37, while the NSE Nifty50 lost 75 points to 23,808.45. Experts suggest that safety is sectors like banking, pharma and IT where growth prospects are good.

Indian equity markets rose on Tuesday, with the BSE Sensex and Nifty50 gaining ground after a cautious start to the week. Strong investor interest in

The Indian benchmark indices, Sensex and Nifty50, reversed their early gains and ended in negative territory on Tuesday. This decline was driven by weakness in banking, financial, and auto stocks, as disappointing earnings reports and foreign fund outflows weighed on market sentiment.

The S&P BSE Sensex lost 659.08 points to 78,837.07, while the NSE Nifty50 was down 205.35 points to 23,935.95 as of 2:15 PM.

Sun Pharma, Trent, HCL Tech, Infosys, and ONGC were among the top gainers on the Nifty index. Britannia Industries, HDFC Bank, NTPC, and Tata Motors were among the top losers.