The BSE Sensex closed 183 points lower on Wednesday, dragged down by significant losses in the IT, auto, and FMCG sectors amid broader market volatility.
Despite an initial positive opening driven by a decline in global crude oil prices, the benchmark index failed to sustain momentum, ending the session in the red.
Investors are currently exercising caution, with the Nifty index also showing weakness as profit-taking continues to impact large-cap stocks across the Indian equity markets.