Indian equity markets witnessed a broad-based sell-off as all major sectoral indices slipped into the red, triggering sharp declines across several industries. Public sector bank stocks led the losses, while aviation companies and oil marketing firms emerged as some of the worst performers on the broader market indices.

The decline came amid growing global uncertainty and a sharp rise in crude oil prices, which significantly affected investor sentiment on Dalal Street. During the trading session, both benchmark indices — the Sensex and the Nifty 50 — recorded steep losses, reflecting widespread selling pressure across sectors.