Tech Mahindra and Vedanta swing as markets tumble for fourth straight session

Royalty cuts flipped sentiment for ONGC and Vedanta

Indian markets slid for a fourth straight session as pressure weighed on realty and jewellery stocks. Despite the broader weakness, ONGC and Vedanta advanced after government royalty cuts improved sentiment. Tech Mahindra also stood out among the day’s biggest movers, underscoring how policy-driven cues can spark sharp stock swings even amid continuing selloffs.