Sensex, Nifty End In Red As Bank Nifty Slumps 0.98% On Mixed Q1 Earnings; Asian Markets Trade Mixed Amid Middle East Tensions

Sensex fell 442.93 points (0.57%) to 77,708.52, and Nifty 50 dropped 95.80 points (0.39%) to 24,238.50.

Bank Nifty slumped 0.98% due to mixed Q1 earnings from private sector banks.

Axis Bank was the worst performer, tumbling 5.37% after reporting a decline in Net Interest Margin to 3.46% and slower retail loan growth.

IT, banking, and auto sectors dragged the market, while Media, Pharma, and FMCG traded in green.

Asian markets were mixed: Japan's Nikkei 225 fell 4.03%, Hong Kong's Hang Seng gained 2.36%, and China's Shanghai Index rose 0.85% amid Middle East tensions.