Nifty Plunges Second Day, Bears Dominate as Rupee Hits Record Low

• Nifty fell 167 points to 25,860, extending losses for a second session amid weak global cues.
• Broad-based selloff saw 38 of 50 Nifty stocks decline, with broader markets also suffering.
• Rupee depreciated to a record low of ₹91.08 per dollar, driven by FII outflows and global risk aversion.
• Experts foresee Nifty facing resistance at 26,000 and potential support around 25,700-25,790.
• Realty, Private Banks, IT, and Metals led sectoral declines; only Consumer Durables and Media gained.

Why It Matters: Indian markets face deeper correction as Nifty falls, Rupee hits record low amid bearish sentiment.