Overview
- The Sensex closed at 84,900.71 (-331) and the Nifty at 25,959.50 after a late-session plunge tied to expiry pressures, marking a second straight decline.
- Foreign investors were net sellers, with provisional outflows of Rs 4,171 crore on Monday after Rs 1,766 crore on Friday, while domestic institutions bought about Rs 4,513 crore and Rs 3,162 crore respectively.
- The rupee touched a record 89.49 per dollar on Friday and recovered modestly on Monday, keeping currency swings in focus for equity sentiment.
- Analysts highlight resistance near 26,150–26,180 and supports around 25,600–25,800 on the Nifty, reinforcing a range-bound setup until a decisive break.
- GIFT Nifty and early signals point to a flat-to-soft start on Tuesday, even as global markets firm up on growing expectations of a December Fed rate cut.