Mumbai, Aug. 12 -- Key benchmark indices ended lower for the second consecutive session on Wednesday, with the Nifty slipping below 24,450. Selling pressure in Tata Group stocks weighed on sentiment following N Chandrasekaran's decision not to seek reappointment as Tata Sons chairman beyond February 2027. Sectorally, IT and FMCG stocks remained under pressure, while PSU banks and metal stocks advanced. The broader market indices ended mixed. Technically, the Nifty's 24,300-24,250 zone is seen as key support, while 24,500 remains an important resistance level.

The S&P BSE Sensex declined 187.90 points or 0.24% to 77,966.35. The Nifty 50 index fell 35.75 points or 0.15% to 24,435.95.

TCS (down 3.93%), Mahindra & Mahindra (down 1.63%) and ...