Mumbai, Oct 30
Indian stock markets closed sharply lower on Thursday, tracking weak global trends after the US Federal Reserve cut interest rates as expected but hinted that it could be the final cut of 2025.
Investor sentiment also remained cautious ahead of fresh updates on US-China trade talks.
The Sensex fell 592.67 points, or 0.7 per cent, to close at 84,404.46, while the Nifty declined 176.05 points, or 0.68 per cent, to settle at 25,877.85.
“The Nifty struggled to hold higher levels, with persistent selling dragging it lower. On the technical front, the Nifty has formed an immediate support zone near 25,800, while resistance is capped around 26,000,” experts stated.