Sensex closed around 82,202, slipping approximately 312 points (‑0.38%), while Nifty 50 dropped about 98 points (‑0.39%) to 25,044 mid‑day

Key sector performance:

Winners: IT (+1% intraday), Pharma (+0.6%), Healthcare (+0.7%)

Laggards: Energy (‑1.4%), PSU Banks (~‑0.4%), FMCG (~‑1%)

Top gainers included Asian Paints, Bajaj Finserv, Sun Pharma, and Dr Reddy’s Labs, while laggards were Tata Motors, ICICI Bank, and Titan

GIFT Nifty, which reflects offshore trading, was near 25,111, slightly down around ‑90 points

Market analysts highlighted major resistance at 25,200 and support near 25,000 on Nifty. A sustained move above or below could define the next market direction

Rupee hovered near ₹85.55 per USD, showing minimal change

Technical View & Sector Insights

Nifty remains slightly below the 50‑day SMA (~25,164), with resistance around 25,200 and support close to 25,000

IT and Pharma sectors are providing stability, offsetting weak performance in energy and PSU banks. Investors are watching upcoming macroeconomic data, including RBI commentary and global market cues

What to Watch Next

A break above 25,200 on Nifty could pave the way towards 25,500, but a decline below 25,000 may test 24,850–24,900 support levels

Monitor global markets, RBI updates, and upcoming US CPI data, which may influence market direction.