Indian stock markets experienced a downturn on Thursday. The Sensex and Nifty saw significant profit booking, erasing earlier gains. Several heavyweight stocks like ONGC and HDFC Bank declined. The market volatility is attributed to the weekly expiry of Sensex F&O contracts and recent strong rebounds. Nifty Auto and Nifty Oil & Gas were top laggards, while Nifty Metal showed strength.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets