India stocks lower at close of trade; Nifty 50 Falls 0.57%

Indian stocks slipped on Thursday, with the Nifty 50 falling 0.57% and the BSE Sensex dropping over 500 points at the close. Weakness was seen across major sectors, led by a sharp decline in technology and IT stocks. Investors appeared cautious as trading volumes rose, reflecting a wave of profit-taking and risk reduction. Global factors, including concerns about automation, artificial intelligence impacting IT demand, and expectations around U.S. interest rates, added to the market pressure. Despite modest gains in financial and consumer stocks, the overall sentiment remained negative, making it a broad-based sell-off across Indian markets.