The Nifty 50 traded 0.78% lower at 23,296.20, recovering 64.40 points from its day's low. The Sensex fell 0.72% to 74,365.15, but recovered 209.42 points from its intraday low.

Three factors are weighing on domestic equities: rising crude oil prices amid escalating US-Iran tensions, weakness across key sectors, and continuing selling pressure in the benchmarks.

The seizure could further restrict government-held territory by cutting several important supply routes, including the key road connectingMocha and Taiz.

NSE IPO will comprise an OFS of up to 12,64,36,650 equity shares by 10 existing shareholders. At the upper end of the price band, the issue size stands at Rs 22,568.94 crore.

Mirzapur The Movie opened with Rs 25.75 crore on Day 1 before recording stronger collections over the weekend.

'Toxic' collected Rs 0.39 crore net in India on Day 16, while 'Hanuman Ansh' earned Rs 10.25 crore on Day 35.

Shankesh Jewellers reported a doubling of net profit in Q1FY27, while revenue rose 55.1% year-on-year.

Veegaland Developers IPO entered Day 2 with 0.62x subscription, while a Rs 25 GMP points to a potential 17.86% listing gain.

Vodafone Idea shares gain after Bloomberg reports that an SBI-led lender group has agreed to provide about $3.5 billion in debt financing to the telecom operator.

Inclusion on the list would bar the companies from accessing US-origin software, cloud services and cybersecurity products.

At 9:24 am, ONGC shares were trading near the day's high, up 1.94% at Rs 241.60, even as the broader market remained under pressure. The BSE Sensex was down 0.85% at around 74,269 at the time.

The broader mid- and small-cap IT space remained under pressure. Latent View Analytics was the biggest decliner, falling 1.35%, followed by Newgen Software Technologies at 0.85%.