The Sensex and Nifty have experienced a decline due to the performance of PSU stocks. Over 450 points have been lost on the Sensex, while the Nifty Bank index has fallen below 45,000. The PSU Bank index has also seen a decrease of over 3%. This decline has not been limited to banking names, as rail PSUs like RVNL, IRFC, IRCTC, and BEML have seen drops of 8-10% each. Power PSUs like SJVN, NBCC, and NHPC have experienced decreases of 10-20%. However, defensives in the I.T. and pharma sectors have been among the top gainers. Stocks in focus include Hero Moto Corp, Divi’s Labs, and Honasa Consumers after their Q3 earnings. Brokerages are adjusting their targets for these counters based on their performance. In an interview with Closing Bell, Nandita Khemka and Yatin Mota discussed the highlights of the trading day.