Stock-specific declines weighed further, as Oil India plunged over 10% following a downgrade by Morgan Stanley, while Kalyan Jewellers and PC Jeweller fell on weaker gold prices. Sectorally, FMCG outperformed, led by Nestle India’s 2% rise. From the Sensex basket, Nestle, HUL, Axis Bank, Kotak Mahindra Bank, ICICI Bank, and ITC were notable gainers, while Hindalco, Coal India, ONGC, Eternal, Tata Steel, and Tata Motors were major laggards.
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