Market wrap: Trent, Axis Bank among top gainers and losers on Nifty and Sensex today

Sensex fell 443 points to close at 77,708 and Nifty 50 declined 96 points to 24,238, even as India VIX eased 2% to 12.90. Top gainers included Trent, Power Grid and Bharti Airtel, while Axis Bank, HDFC Bank and Maruti Suzuki led the losers. The selloff was driven by crude prices touching $90 after the collapse of the US-Iran ceasefire, though Q1 earnings from PSU banks, oil and gas, and metals remained encouraging per analysts.