Nifty tumbled 96 points to 22,620, while the Sensex fell 49 points to 72,480, yet the Nifty Bank index surged 373 points to 54,633, per data from the BSE website.
Hospital names slid 7% after the Supreme Court questioned steep mark‑ups, dragging pharma shares like Glenmark down 4%, which in turn weighed on the broader market.
Insurance stocks saw a 3% dip, with SBI Life, Max Financial and PB Fintech falling, but ICICI Lombard bucked the trend, leaping 5% after announcing FY29 guidance.
Information Technology shares ended largely green but off their highs; Wipro and TCS were the top gainers in the segment.
The Nifty Auto index held steady, inching up 0.5% as monthly sales data awaited release, while the BSE fell 3% on its first day of inclusion in the Nifty.
Market breadth was neutral, with the advance‑decline ratio at 1:1 and sector breadth reflecting the mixed sentiment.