Nifty extended its decline amid weakness in IT, auto, and metal stocks, nearing key support at 25,525. Analysts see bearish momentum below 25,590 but stability above 25,700. Stock recommendations for Thursday include Kalpataru Projects, Minda Corp, Siyaram Silk Mills, Asahi India Glass, and CCL Products with bullish technical setups.
US consumer sentiment near record low ahead of midterm elections
In October, consumer sentiment in the U.S. plummeted to a concerning 48.0, driven by rising prices and economic worries amid the ongoing Middle East conflict.