Indian equity benchmarks ended in the red on April 28, with selling pressure visible across banking, IT, and select auto stocks. The Nifty 50 slipped 97.00 points, or 0.40%, to close at 23,995.70, while the BSE Sensex declined 416.72 points, or 0.54%, to settle at 76,886.91. Broader weakness was more pronounced in banking stocks, with Bank Nifty falling over 1.5%.

Among the top losers in the Nifty 50 pack, Axis Bank led the decline, closing at ₹1,290.00, down 2.6%.

Maruti Suzuki India followed, ending at ₹12,890.00, down 2.5%.

In the IT sector, HCL Technologies dropped 2.3% to close at ₹1,199.90, while Wipro declined 1.7% to ₹201.60.

Financial stocks also featured prominently among the losers. Shriram Finance fell 2.3% to ₹952.30, and ICICI Bank slipped 1.9% to ₹1,289.40. State Bank of India closed lower by 1.7% at ₹1,093.40.

In the aviation space, InterGlobe Aviation declined 2.2% to ₹4,459.00. Meanwhile, Bajaj Auto ended 1.9% lower at ₹9,483.00.

FMCG major Hindustan Unilever also closed in the red, falling 1.6% to ₹2,290.00, contributing to the defensive sector’s weakness.

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TOPICS: Nifty 50