Equities fell in morning trade with the Sensex down 402 points, the Nifty below 24,500, and realty stocks declining for the fourth session.

• Mid-cap index dropped 0.59% while the small-cap index shed 0.15% amid negative market breadth and mixed sector performance.
• Kalyan Jewellers surged earnings 48.6% YoY, but the stock fell 6.74%; Apollo Tyres’ profit plunged 95.7% YoY despite higher revenue.
• Nifty Realty index fell 0.87%, with Sobha, Prestige, and Oberoi Realty leading losses; DLF gained 0.3% bucking the trend.