Nifty Recovers, Bulls Eye 26,000; Rupee Hits Record Low

• Nifty snapped a three-day losing streak, closing around 25,900 after a 140-point gain.
• Adani Enterprises, Jio Financial Services, and Tata Steel led gains; most sectors, including Auto and Metal, closed in the green.
• The Indian rupee hit a record low of 90.37 against the dollar due to strong importer demand and rising global metal prices.
• US Federal Reserve cut rates but signaled limited further easing; FIIs continued selling while DIIs bought.
• Technical analysts suggest Nifty needs to break above 25,950-26,000 for an uptrend, with strong support at 25,730-25,750.

Why It Matters: This impacts investment strategies by outlining Nifty's potential market movements.