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The domestic equity benchmark came off the day’s low in afternoon trade. The Nifty traded above the 23,850 mark. The market witnessed across the board selling, with auto, IT & consumer durables leading the losses.

India’s domestic passenger vehicle dispatches to dealers rose 34.3% year-on-year to 4.58 lakh units in July, according to SIAM. Two-wheeler sales increased 22.6% to 19.23 lakh units, while three-wheeler dispatches grew 33.4% to 92,560 units compared with July 2025.