Indian stock markets are facing downward pressure as several sectors report weak performance. The BSE Auto index has hit a 52-week low, dropping 14% in the past month, with major automakers like Bajaj Auto, Hero MotoCorp, and Ola Electric experiencing significant declines. Bajaj Auto's shares fell to a 52-week low, down 41% from their peak, following disappointing February sales figures. The FMCG sector is also under strain, with the BSE FMCG index reaching a 21-month low due to demand and inflationary pressures. Additionally, the Nifty IT index fell over 2% amid concerns over a potential U.S. economic slowdown and tariff uncertainties, affecting major players like LTIMindtree and HCLTech. Despite foreign institutional investor outflows of Rs 4,788 crore, domestic institutional investors remained active, with inflows of Rs 8,790 crore. Market experts suggest that the Nifty index is approaching a key support level at 22,000, with Axis Securities indicating that the market may be nearing a medium-term bottom.