Indian Shares Snap 3-Day Winning Streak; Nifty Dips Below 25,700 Amid Broad Selling

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CNBC TV18•05-02-2026, 16:16
Indian Shares Snap 3-Day Winning Streak; Nifty Dips Below 25,700 Amid Broad Selling
- •Indian benchmark indices ended a three-day gaining streak, with the NSE Nifty50 falling below 25,700.
- •Broad-based selling pressure affected all 30 Nifty stocks, led by significant declines in Hindalco, Eternal, Bharti Airtel, BEL, and SBI Life.
- •The BSE Sensex dropped 504 points to 83,314, while the Nifty lost 133 points, settling at 25,643.
- •Weakness was observed across all sectors, with IT, midcaps, and banks also showing underperformance.
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