In mid-afternoon trading, India's equity benchmarks faced moderate losses, tracking a downturn in global markets due to the escalating conflict between the United States and Iran. The S&P BSE Sensex fell by 250.50 points (0.32%) to 77,018.90, while the Nifty 50 index dropped 72.80 points (0.31%) to 24,046.50. Consumer durables stocks were particularly affected, with the Nifty Consumer Durables index declining by 0.91%. Notable declines included Kajaria Ceramics, which fell 4.21%, and Voltas, down 4.20%. In contrast, Mahindra & Mahindra (M&M) saw a rise of 1.63% after reporting a 53.34% increase in standalone net profit for Q4 FY26, amounting to ₹3,737.27 crore. The broader market showed mixed results, with the BSE 150 MidCap Index rising 0.10% and the BSE 250 SmallCap Index up 0.04%. Overall market breadth was negative, with 1,818 shares advancing and 2,264 declining. Investors are now closely monitoring crude oil prices and foreign institutional investor outcomes.