The Nifty 50 closed lower by 120.75 points or 0.47 per cent, finishing at 25,517.05. The index is now trading 2.89 per cent below its record high made in September 2024. The Sensex fell by 452.44 points or 0.54 per cent to settle at 83,606.46.

As of 12:17 p.m. IST, the Nifty 50 was down 0.19 per cent at 25,590.45, while the Sensex declined 0.22 per cent to 83,876.90.

At 9:25 a.m. IST, the Nifty 50 was nearly unchanged, slipping marginally by 0.01 per cent to 25,637, while the BSE Sensex edged down 0.05 per cent to 84,024.65.

On Friday, June 27, FIIs purchased equities worth Rs 1,397.02 crore, while DIIs offloaded shares worth Rs 588.93 crore.

Markets Recover on Ceasefire Hopes, Strong FII Inflows, and Robust Economic Data; Small-Cap and Mid-Cap Indices Outperform