The S&P BSE Sensex plunged more than 400 points while Nifty50 broke below 17600 in the first 15-minutes of trade. The rupee hit a record low against the Dollar at Rs 80.40 per USD compared to Rs 79.98 per USD recorded in Wednesday’s session.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across