Among sectors, Nifty IT, Nifty Realty, Nifty Media and Nifty Oil & Gas sectors traded higher, while losses were seen in Nifty Auto and Nifty FMCG sectors.

Among sectors, Nifty IT, Nifty Realty, Nifty Media and Nifty Oil & Gas sectors traded higher, while losses were seen in Nifty Auto and Nifty FMCG sectors.

Among sectoral indices, Nifty PSU Bank, Nifty Metals, Nifty Media and Nifty Realty, while Nifty IT, Nifty FMCG and Nifty Auto sectors reeled under selling pressure.

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Nifty 50 fell 0.59% to 23,914.45 and the Sensex shed 0.49% to 76,570.35, paring losses of 0.7% and 0.6% from before the closing auction. The indexes have fallen 5% since the Iran war broke out more than six months ago.

The Nifty 50 fell 44.65 points, or 0.19%, to 24,035.75 at the opening bell. The Sensex declined 89.89 points, or 0.12%, to 76,867.38.

Chowhan said the gains seen in the pharmaceutical contract development and manufacturing organisation (CDMO) space are sustainable.

Milky Mist posts strong Q1 growth as revenue and operating profit climb, while margins expand sharply after its recent market debut.

Broader markets ended mixed. The Nifty SmallCap 100 index settled 0.74% lower, while the Nifty MidCap 100 index closed 0.24% higher.

On Friday, The Nifty 50 settled 84.80 points, or 0.35%, higher at 24,175.65, improving 33.20 points from its provisional close.

Arora told NDTV Profit that many new startups are entering consumer sub-segments, challenging established consumer companies and creating new themes in the Indian market.

Nifty India Defence gained 0.44%, while Nifty Pharma rose 0.35%. Nifty Oil and Gas fell 0.55%, followed by Nifty Media at 0.52% and Nifty Auto at 0.49%.

Nvidia shares have gained nearly 7% over the past month, around 13% in the last six months and a little over 15% over the past year.