Overview
- Indian benchmarks fell for a third straight day on Nov. 25, with the Sensex closing at 84,587 and the Nifty finishing below 25,900.
- Exchange data showed foreign investors sold Rs 4,171.75 crore on Monday, while domestic institutions were net buyers and cushioned the decline.
- The rupee’s recent slide to a record low of 89.49 per U.S. dollar kept currency risks elevated despite a modest recovery on Monday.
- Late-session volatility linked to monthly derivatives expiry persisted as the Nifty again met resistance near the 26,150–26,277 zone, with 26,000 acting as a key pivot.
- Sector moves were mixed, with PSU banks and real estate gaining even as IT and consumer durables lagged, and broader midcap and smallcap indices showed relative resilience.