Overview

• The Sensex fell 387.73 points to 82,626.23 and the Nifty dropped 96.55 points to 25,327.05, snapping a three-session advance.
• Investors booked gains in IT and private banks after recent strength, while PSU banks showed relative resilience during the session.
• Adani group shares climbed after SEBI dismissed Hindenburg’s manipulation claims, with Adani Enterprises up about 5% by the close.
• Brokerages flagged immediate Nifty resistance near 25,500 with support around 25,300, and see Bank Nifty supported near 54,800 with scope toward 56,000.
• Provisional data showed DIIs bought about Rs 3,326 crore and FPIs were marginal net buyers of roughly Rs 367 crore in the prior session, with sentiment underpinned by the Fed’s 25 bps rate cut.