Overview
- Sensex settled at 84,673.02, down 277.93 points, while the Nifty finished at 25,910.05, breaking a six-day winning streak.
- Realty led sector losses with a near 2% decline as IT and metal indices fell about 1% each.
- Market breadth weakened with 2,740 decliners against 1,463 gainers on the BSE, and midcap and smallcap gauges also slipped.
- Analysts flagged 25,800–25,700 as key Nifty support (with some placing it at 25,700–25,600) and 26,000–26,100 as near-term resistance, with a break higher pointing toward 26,277.
- Bank Nifty showed relative firmness around 59,000, with immediate resistance near 59,300 and prior resistance at 58,300–58,000 expected to act as support, while the rupee was little changed near 88.60–88.61 and FIIs/DIIs were net buyers in the previous session.