Indian equity benchmarks, the Sensex and Nifty, closed with modest losses, influenced by profit-taking and sustained selling by foreign institutional investors. The Nifty ended below the 26,050 mark. While IT, pharma, and auto stocks declined, sectors like metals, consumer durables, and FMCG saw advances. The broader market indices, Mid-Cap and Small-Cap, also experienced slight declines, indicating a negative market breadth.