Sensex, Nifty Fall Midday; IT, Midcap, Smallcap Indices Drop | Aug 28, 2025
Sensex, Nifty trade lower at midday August 28, 2025. IT, midcap, and smallcap indices lead losses, as banks remain weak. Volatility ticks up. Key supports ahead.
Sensex, Nifty Fall Midday; IT, Midcap, Smallcap Indices Drop | August 28, 2025, 11:40 AM IST
Indian equities slipped further by midday Thursday, August 28, 2025, led by notable weakness in IT, midcap, and smallcap counters. Sensex fell 197.69 points (-0.24%) to 80,588.85, and Nifty 50 dropped 43.25 points (-0.18%) to 24,668.80. Banks and frontline stocks extended their decline as India VIX edged up, reflecting rising caution.
Market Snapshot – 11:35 AM IST
| Index | LTP | Change | % Chg |
|---|---|---|---|
| SENSEX | 80,588.85 | -197.69 | -0.24% |
| NIFTY 50 | 24,668.80 | -43.25 | -0.18% |
| NIFTY BANK | 54,319.45 | -131.00 | -0.24% |
| NIFTY IT | 35,679.55 | -383.65 | -1.06% |
| India VIX | 12.22 | +0.03 | +0.25% |
| NIFTY Midcap 100 | 56,563.50 | -202.70 | -0.36% |
| NIFTY Smallcap 100 | 17,486.30 | -62.30 | -0.36% |
Midday Market Trends & Insights
- IT sector drags: Nifty IT slumped over 1%, leading the broader market slide as global tech cues shifted and profit-booking intensified.
- Midcap, smallcap selling: Both indices fell 0.36% amid risk-off sentiment and waning retail/domestic institutional appetite for growth stocks.
- Banks weak: Nifty Bank extended its morning losses, contributing to the pressure on frontline indices.
- Volatility rises: India VIX ticked up (+0.25%), underscoring cautious mood and expectations for increased intraday swings.
- Market breadth narrows: Fewer sectors in the green as selling broadened to consumption and mid-tier stocks.
Key Supports & What to Watch This Afternoon
- Support levels: Nifty critical support at 24,650; Sensex holding above 80,500 offers near-term reference.
- Sector focus: Closely watch for IT and midcap stabilization—or deeper selloff—along with bank stock activity for broader market cues.
- Risk guidance: Avoid aggressive buying until signs of reversal emerge; increased volatility demands disciplined risk management.
Luwak Tech delivers actionable analytics, live signals, and predictive risk tracking to help traders and investors navigate volatile NSE and BSE sessions.
