However, on Monday, The Nifty Midcap 100 index slipped over 2.5 per cent in early trade, while the Nifty Smallcap 100 fell nearly 2.8 per cent at the open, reflecting widespread risk aversion. All sectoral indices started the session in the red, with Nifty PSU Bank and Nifty Realty emerging as the top laggards, each declining more than 3.2 per cent. Market breadth remained extremely weak, as the Nifty advance‑decline ratio stood at a stark 3:47, signaling broad‑based selling across stocks. On the upside, ONGC, Coal India and Sun Pharmaceutical Industries featured among the early gainers, while IndiGo, Bajaj Finance, Asian Paints, Eicher Motors and Bajaj Finserv led the list of early losers as investors trimmed exposure across heavyweight names.
