Overview
- In early trade, the Sensex fell about 275 points to 84,204 and the Nifty dropped 89 points to 25,791.
- Losses tracked a regional selloff after US benchmarks tumbled as AI-linked stocks slid and rate-cut expectations stayed uncertain.
- Japan’s Nikkei declined around 1.5%, South Korea’s Kospi fell 2.03%, and Hong Kong’s Hang Seng lost 1.23%.
- Investors monitored the Bihar Assembly election outcome and the October wholesale inflation print for near-term cues.
- Market breadth was steadier with Nifty MidCap slightly higher and SmallCap flat, while Thursday’s flows showed Rs 383.68 crore of foreign selling versus Rs 3,091.87 crore of domestic buying.