Indian equity markets traded lower in mid-afternoon session on Tuesday, with the benchmark Nifty 50 slipping 82.45 points, or 0.34%, to 24,156.05.
The broader Sensex index also declined, falling 293.85 points, or 0.38%, to 77,414.67 as of 12:58 pm local time.
Previous trading sessions saw the Sensex slide more than 520 points and the Nifty 50 breach the critical 24,000 level, indicating persistent downward momentum in the market.
The sell-off was driven primarily by weakness in the information technology and banking sectors, which dragged on overall market sentiment.
Investors appeared cautious as these key weightings faced selling pressure, contributing to the broader index declines.
This move extends a recent trend of losses for Indian equities.
Previous trading sessions saw the Sensex slide more than 520 points and the Nifty 50 breach the critical 24,000 level, indicating persistent downward momentum in the market.