Indian equity indices trended lower today, with the Nifty 50 falling below 25,600 and the BSE Sensex dropping more than 500 points, as global risk-off and foreign institutional outflows weighed on sentiment. Sectors including metals, autos and IT under-performed, while broader mid-cap and small-cap indices also reacted. Analysts say the domestic market’s rally may be cooling and note that fresh inflows will be key to sustain momentum amid global headwinds.