The Indian equity markets experienced a downturn today, reversing gains accumulated over a three-day rally. Key indices fell amid profit-booking in major sectors, with the Nifty 50 declining by 0.7% and the Sensex shedding approximately 360 points. Market analysts cited cautious investor sentiment, driven by mixed corporate earnings and global economic uncertainties, as a primary factor behind the pullback. While the three-day rally reflected optimism over policy stability and easing inflation, today’s correction underscores the market’s sensitivity to short-term triggers.