India’s equity benchmarks closed lower today, with the NSE Nifty 50 falling 0.49% to 25,202.35 and the BSE Sensex dropping 0.56% to 82,159.97.
Investor sentiment was impacted by concerns over rising H-1B visa fees, prompting caution among foreign investors.
However, strong festive-season demand for automobiles supported auto stocks, helping to limit overall losses.
Market analysts highlight that while short-term pressures remain, selective sectors may continue to see gains amid the festive season and domestic economic activity.