Market snaps 3-day losing streak, Nifty nears 25,900; Rupee hits record low

• Indian markets ended a three-day losing streak, with Nifty closing near 25,900 and Sensex at 84,818, driven by value buying in auto and metal stocks.
• The recovery was supported by positive global cues, including a 25-bps rate cut by the US Federal Reserve.
• Capital Goods and Metal sectors led the gains, with several midcap stocks like Dixon Tech and Vodafone Idea also seeing significant rises.
• Tata Steel gained nearly 3% after acquiring a 50.1% stake in Thriveni Pellets for ₹636 crore.
• The Indian Rupee hit a record low of 90.47 against the US dollar.

Why It Matters: Indian market rebound and record low rupee present mixed signals for investors.