Sensex, Nifty Dip on Expiry Day; IT, Pharma Under Pressure, Media Shines

• Sensex fell 116 points to 85,409, and Nifty dropped 35 points to 26,142 on monthly expiry.
• Midcap and Bank Nifty also declined, while the Smallcap index closed with gains.
• IT, Pharma, FMCG, Energy, and PSE sectors faced selling pressure.
• Media stocks surged, and Metal and Realty indices closed with slight gains.
• The rupee weakened by 14 paise against the dollar, closing at 89.79/$.

Why It Matters: Indian markets ended lower on expiry day, with broad-based selling in key sectors despite some gains.