The Sensex ended 808.65 points or 0.98 percent lower at 81,688.45 while the broader Nifty fell 200.25 points or 0.8 percent to 25,049.85.

In the first hour of trading on Friday, the Sensex fell to a low of 82,051.86 and climbed to a high of 82,649.15.

Bulls are hopeful that domestic funds and financial institutions will step in to counter the market crash caused by war fears, derivative trade restrictions, and foreign sell-offs.

From a technical perspective, momentum indicators continue to signal a bearish trend.

The Sensex fell 1,832.27 points, or 2.2 percent, reaching a low of 82,434.02, while the Nifty 50 dropped 565 points, or 2.2 percent, to touch 25,231.90; the fourth consecutive session of losses for the indices.

Except for metals and media, major indices dropped by more than 1%; the real estate sector faced the steepest losses, with the realty index falling by over 2%

From a technical perspective, momentum indicators signal a positive trend, as the index remains above its medium- and long-term moving averages.

Bank Nifty exhibited volatility, with mid-cap and small-cap stocks recording marginal gains; Crude oil prices remained stable

Foreign investors shift from India to China amid rising uncertainty and intensifying West Asian tensions. Indian markets closed lower yesterday, no signs of improvement today.

Nifty closed at 26,178.95, down 0.14%, with downward bias likely to continue if it dips below 26,150. Bank Nifty also lost 541 points, indicating a negative market sentiment.