Indian equity benchmarks drift lower as profit-booking sets in

India’s main equity indices opened the week with a weak tone, as investors locked in gains following strong October performance. The Nifty 50 slipped below 25,700, and the BSE Sensex fell more than 200 points to 83,709.87. Selling pressures emerged in private banks and FMCG stocks, while PSU lenders showed some strength. Analysts say this pullback reflects consolidation rather than reversal, with focus now shifting to earnings and global cues for further direction.