Overview
- Benchmarks snapped the streak on Oct. 24 with the Sensex closing at 84,211.88 and the Nifty at 25,795.15 after touching 52-week highs a day earlier.
- Foreign investors turned net sellers by about ₹1,165.94 crore, while domestic institutions bought roughly ₹3,893.73 crore, according to provisional exchange data.
- Optimism over a potential US–India trade deal faded after Commerce Minister Piyush Goyal said India does not do agreements in a hurry or with a gun to its head.
- FMCG and pharma led declines as Hindustan Unilever fell over 3%, while metals outperformed with NALCO up nearly 5% and Hindalco hitting a record high.
- Global cues lifted early sentiment with a Wall Street rebound and a confirmed Trump–Xi meeting, but crude-price concerns tied to new sanctions on Russian oil and ongoing earnings kept traders cautious.