Indian markets closed lower with the Sensex falling 277.93 points to 84,673.02 and Nifty dropping by 103.40 points to 25,910.05. Major newsmakers included Tata Steel, which saw a significant block trade; Hero FinCorp, with new IPO updates; and Tata Power, inaugurating a major solar project. Market breadth remained negative, as 2,945 stocks declined. Sectoral churn and global cues contributed to the day’s cautious sentiment.
