Benchmark domestic indices gave up early gains, ending in the red for the second straight session today. However, positive global cues helped the indices recover some of the lost ground. The 30-share index at the Bombay Stock Exchange, Sensex, finally ended up with a loss of 589 points or 0.74 per cent to close at 79,213. The National Stock Exchange Nifty-50 fell 207 points or nearly 0.9 per cent to settle at 24,039.

The broader market indices registered sharp losses, slipping over two per cent each. The BSE Mid-Cap index fell 2.44 per cent and the Small-Cap index lost 2.56 per cent.

In the Sensex index, 23 out of 30 companies ended in negative territory. Among the top losers, Adani Ports lost 3.61 per cent, Axis Bank slipped 3.48 per cent, and Bajaj Finserv lost 2.85 per cent. Conversely, the top gainers were, TCS which gained 1.36 per cent, Tech Mahindra rose 1.06 per cent, and Infosys ended 0.60 per cent higher.

In Sectoral Indices at the BSE, 19 out of 21 sectors registered losses with only the information technology sector bucking the trend. Focused IT gained 0.63 per cent and Information Technology rose 0.22 per cent. Among the top losers, Services slipped 3.11 per cent, Utilities lost 2.96 per cent, and Reality slipped 2.87 per cent.

The overall market breadth at the BSE was negative as shares of 3,246 companies declined, shares of 719 companies advanced, while shares of 119 companies remained unchanged. At the National Stock Exchange, 25 companies hit their 52-week high, while 19 hit their 52-week low.