Overview
- Indian benchmarks fell for a third session on Wednesday, with the Nifty closing at 25,758 and the Sensex at 84,391.27, as midcap and small-cap gauges underperformed.
- GIFT Nifty futures were up 89.10 points at 25,953, pointing to a firmer Thursday open after the Federal Reserve reduced rates by 25 basis points and Wall Street advanced.
- Provisional NSE data showed FPIs net sold Rs 1,651.06 crore, while DIIs net bought Rs 3,752.31 crore in the latest session.
- Technicians flagged key Nifty support near 25,700 and resistance around 25,850–25,900, with a sustained break below 25,700 seen opening 25,500–25,300.
- The rupee closed at 89.97 to the dollar and the 10-year yield at 6.65, as corporate updates included Tata Steel’s Rs 636 crore Thriveni Pellets stake, TCS’s $700 million Coastal Cloud deal, and IndiGo’s systemwide staff mobilization.