Indian stock markets ended lower on Thursday, following weak global cues. The decline came after the U.S. Federal Reserve cut interest rates as expected but indicated that it could be the final rate reduction for 2025. Investor sentiment remained cautious ahead of updates on U.S.-China trade negotiations, adding to the subdued trading environment.
Sensex ended 592.67 points lower at 84,404.46, whereas Nifty concluded 176.05 points down at 25,877.85.
Indian rupee ended at 88.70 per dollar on Thursday against Wednesday’s close of 88.20 per dollar.
Selling pressure was seen across most sectors, with metal, IT, FMCG, and pharma stocks leading the decline. The broad-based weakness reflected profit booking and a cautious stance among investors after recent highs.
In the previous, Sensex ended 368.98 points higher at 84,997.13, whereas Nifty concluded 117.70 points down at 26,053.90.
