Sensex gives up 450 pts from peak amid global headwinds

After touching fresh highs earlier in the session, the Sensex trimmed gains by nearly 450 points by late afternoon. Weak global cues and concerns over regional bank stress overseas triggered profit-taking in heavyweight names. The Nifty fell below 25,650 at certain points during the selloff. Key laggards included Wipro, Infosys, and ETERNAL. The cutback signals that while domestic momentum is strong, cross-border factors continue to exert pressure on late-session sentiment.