Nifty 50 closes at 24,611 points, extending losing streak
Nifty 50 closed lower for the eighth straight session on Tuesday, dropping 24 points to 24,611 as tech and auto stocks struggled.
The Sensex also dipped by 97 points to finish at 80,268.
With everyone waiting on the RBI's next policy move, market vibes stayed pretty cautious.
Man Industries tumbles after SEBI action
Banking stocks were the bright spot—Nifty Bank climbed 175 points thanks to strong showings from Punjab National Bank and Canara Bank, helping balance out losses elsewhere.
Meanwhile, Man Industries tumbled after SEBI action, KPIT Technologies slid nearly 9%, and PVR Inox dropped on US film tariffs.
On the upside: Coforge jumped over 2% on positive analyst buzz, Ola Electric gained ahead of its sales report, and Tata Motors saw a boost after Jaguar Land Rover updates.