Overview
- After a sharp sell-off at the open, the Nifty closed at about 25,492 and the Sensex at roughly 83,216, marking a modest third straight decline.
- Indices hit early lows near 25,325 on the Nifty and 82,679 on the Sensex before recovering part of the losses into the close.
- Provisional data showed FIIs sold around Rs 3,263 crore on Thursday while DIIs bought about Rs 5,284 crore, reflecting a continued tug-of-war in flows.
- Global risk appetite softened as a pullback in AI and tech shares deepened, with the Nasdaq falling 1.9% overnight and Asian markets mostly lower.
- Bharti Airtel slid about 4% after Singtel sold roughly 0.8% via a block deal, and traders watched Nifty support around 25,500–25,300 with next levels near 25,200 and 25,160.