Indian markets closed Thursday’s session in the red, weighed down by weakness across major sectors. The Sensex slipped 0.70% to close at 84,404.46, while the Nifty ended 0.68% lower at 25,877.85. The Nifty Bank also lost ground, settling 0.61% down at 58,031.

“As expected, the U.S. Fed cut interest rates by 25 bps. However, the market consolidated after Powell indicated that this might be the last rate cut of 2025, tempering hopes of further monetary easing. The resulting strength in the U.S. dollar contributed to a risk-off sentiment across emerging markets, including India. Domestically, mixed Q2 earnings and the F&O expiry led to market volatility. Meanwhile, investors remain watchful of the Trump–Xi trade negotiations, as the prevailing uncertainty around the discussions continues to

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