Indian benchmark indices traded lower in midday deals on Thursday, April 16, with the NIFTY 50 down 70.60 points or 0.29% at 24,160.70 as of 12:30 PM IST. The SENSEX declined 257.46 points or 0.33% to 77,853.78.

Selling pressure was visible across select heavyweight stocks, with several Nifty 50 constituents trading in the red.

Top losers on Nifty 50 (as of 12:30 PM):

Titan Company declined 1.7% to ₹4,446.0, marking the sharpest fall among index constituents during midday trade.

Oil And Natural Gas Corporation (ONGC) slipped 1.6% to ₹283.1.

Apollo Hospitals Enterprise dropped 1.6% to ₹7,523.5.

Sun Pharmaceutical Industries fell 1.5% to ₹1,671.2.

HDFC Bank traded lower by 1.2% at ₹799.9.

Jio Financial Services declined 1.2% to ₹239.9.

Mahindra & Mahindra slipped 1.0% to ₹3,223.3.

Bharti Airtel fell 1.0% to ₹1,836.9.

Coal India declined 1.0% to ₹431.7.

Grasim Industries edged lower by 0.9% to ₹2,715.9.

TOPICS: Nifty 50