Equity markets ended sharply lower on Wednesday, with heavy selling in technology stocks and widespread profit booking pulling benchmark indices deep into the red. The sell-off snapped the recent market rally and pushed the Nifty decisively below the 26,000 mark.
The Sensex closed 780 points lower, while the Nifty fell below the psychologically important 26,000 level, signalling increased investor caution amid mixed global cues and stock-specific pressure on frontline shares. The decline was broad-based, with most sectoral indices finishing in negative territory.