The stock markets began the trading week on a muted note as indices slipped in the morning hours of the session. The BSE Sensex declined more than 100 points to reach 79,092.80 as of 9:53 AM, while the NSE Nifty50 fell a little over 60 points to touch 23,

The BSE Sensex fell 614 points, or 0.77 per cent to close at 79,330.14. Nifty declined 168.80 points, or 0.7 per cent, to 24,019.85. This is even as 2,136 BSE-listed stocks gained against 1,499 that slid so far.

Equity benchmark indices Sensex and Nifty buckled under selling pressure to settle nearly 1 per cent lower on Friday as investors pared exposure to bank and IT stocks ahead of the earnings season star

Even as the Indian stock market benchmark Sensex crashed over 700 points, or nearly 1%, almost 200 stocks hit their fresh one-year highs in intraday trade on the BSE on Friday, January 3. HCL Tech, Mahindra and Mahindra,

Falling IT, pharma, healthcare, and bank stocks caused the stock market to crash during the later trading hours

The downturn highlights the persistent volatility on Dalal Street, with investors uncertain about the short-term market trajectory. While auto and IT stocks had propelled a rally just a day ago, profit booking amid prevailing uncertainty appears to have weighed heavily on sentiment.