India's equity benchmark indices, the Sensex and Nifty, closed lower on August 13, 2024, with the Sensex down 693 points, or 0.87%, finishing at 78,956, and the Nifty losing 208 points, or 0.85%, to close at 24,139. The decline was attributed to broad-based selling pressure, particularly in banking stocks, with HDFC Bank seeing a drop of 3.5%. This downturn extended the markets' losses for a second consecutive day, influenced by fresh foreign capital outflows. Earlier in the day, the indices had opened lower, with the Sensex dipping below 79,000 and the Nifty falling below the 24,200 mark. The market breadth favored declines, with the NSE advance-decline ratio at 1:3. Analysts noted that the Nifty is likely to find support around the 24,100 level, with critical zones to watch below that at 24,000-23,900.