Market Update at 12:30 PM: At 12 PM, the Indian equity markets were trading lower with the BSE Sensex at 81,875.6, down 284.37 points or 0.35 per cent. The NSE Nifty50 was at 25,114.3, losing 88.05 points or 0.35 per cent.

Auto stocks provided support to the indices. On the BSE, Maruti and Mahindra & Mahindra (M&M) were among the Top Gainers , while Adani Ports and Sun Pharma dragged the index lower. Similarly, on the NSE, Maruti, M&M and Eicher Motors advanced, whereas UltraTech Cement and Adani Ports were among the major losers.

In the broader markets, selling pressure continued as the Nifty Small-Cap 100 and the BSE Small-Cap 100 slipped 0.68 per cent and 0.76 per cent, respectively.

On the sectoral front, Nifty FMCG and Nifty Realty fell over 1 per cent each, while N

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