Markets came under heavy selling pressure on Thursday, extending the prevailing corrective trend and declining nearly one and a half percent. After a weak opening, the benchmark indices remained under pressure through most of the session and eventually settled close to the day’s lows, reflecting sustained selling pressure across the board. Analysts say Nifty has once again retested the April 2026 low of 22,182.55 after the marginal pullback, signalling further weakness in the prevailing structure. A decisive break below this level could open the door for a move towards the 21,700–22,000 zone.
In today's trade, shares of TCS, ITC, Infosys, Cochin Shipyard, RIL among others will be in focus due to various news developments and second quarter results.
