Indian markets opened deeply in the red Sensex down 336 pts and Nifty slipping below 24,900, as investor sentiment turned cautious. The slide follows weak Q1 earnings from Bajaj Finance, which plunged 5% post-report due to asset quality concerns, despite a beat on profits. IT and consumer stocks also dragged the indices. Meanwhile, foreign institutional investors (FIIs) sold off shares worth ₹2,000 crore in July so far, further fueling the downtrend.
Market mood remains fragile with broader pressure on midcaps and smallcaps.