Overview
- At the close, the Sensex fell 102.20 points to 84,961.14 and the Nifty lost 37.95 points to 26,140.75.
- The rupee strengthened by 24 paise to 89.84 against the U.S. dollar.
- The Nifty IT index rose 1.87% as the day’s standout, while the Nifty Auto index declined 0.80%.
- Markets opened lower, with the Nifty starting at 26,143.10 and the Sensex at 84,620.40 after an early drop of 442.94 points.
- Analysts flagged a range near 26,000–26,300 for the Nifty, warning that a decisive break below 26,000 could extend weakness, as caution also reflects geopolitical risks and supply chain concerns tied to China’s rare earths curbs.