Indian benchmark indices witnessed aggressive selling as the BSE Sensex plunged over 600 points, dragged down by sustained foreign capital outflows and weak global cues.

Indian benchmark indices closed on a muted note after a volatile session, with the Sensex slipping 125 points while the Nifty 50 managed to sustain above the 22,600 threshold.

The Union government is drawing up plans to dilute equity holdings across four public sector banks to meet the mandatory 25 percent public float threshold.

Indian benchmark indices opened higher boosted by strong buying in IT counters, though surging crude oil prices above $113 per barrel kept broader gains in check.

Swiggy shares plunged over 12% to touch an all-time low as intense quick-commerce competition, escalating dark store costs, and margin pressures prompted heavy institutional selling.

A sharp tech pullback dragged the Nasdaq down more than 2%, driven by investor anxiety over surging AI capital expenditures and Meta's steep five percent slide.

Indian benchmark indices fell for the third consecutive session as Brent crude breached $111 per barrel, escalating domestic inflation concerns.

Jio Platforms' mega public issue gained significant traction on its second day of bidding, crossing 3.45 times overall subscription driven by robust retail interest.