Market Slides on Global Cues, Sectoral Pressure Builds

#### Indian Market Close: A SummaryThe Indian markets concluded the day lower, marking the fourth consecutive session of losses, influenced by selling pressure and weak global signals.* The BSE Sensex decreased by approximately 0.46%, closing around 81,728.* The Nifty experienced a fall of 0.43%, settling near 25,060.* These declines were primarily attributed to investor apprehension regarding elevated equity valuations, warnings from the US Fed Chair, potential inflation risks, and trade and diplomatic tensions stemming from US visa fee hikes and uncertainties in India-US trade relations.#### Key Market Trends:* Both the Nifty and Sensex declined for the fourth day in a row.* Approximately 2364 shares experienced a decrease in value compared to 1400 that increased.* BankNifty saw a moderate drop consistent with overall market trends.#### Sectoral Performance:* **Realty stocks** led the losses, declining by about 2.42%.* The **auto sector** also experienced a notable decline of 1.1%.* Other sectors, including IT, pharma, metals, energy, infrastructure, PSU banks, and media, also reported losses ranging from 0.2% to 0.9%.#### Sector-Specific Insights:* The **IT sector** faced significant challenges due to the proposed increase in US H-1B visa fees and associated changes in visa policies, influencing outsourcing margins.* **Auto stocks** retreated from recent highs, with profit-taking impacting key players like Ashok Leyland and Tata Motors, which fell by up to 3%.* Positive developments in **PSU banks**, potentially indicating increased foreign holdings, boosted some banking stocks.* **Bajaj Electricals** showed strong performance after acquiring the rights to the Morphy Richards brand in India for Rs 146 crore, suggesting sectoral strength in specific areas.#### Technical Analysis and Market Sentiment:* The Nifty faced resistance near 25,100, while significant support levels were being tested around 25,000.* The index's struggle to maintain levels above 25,000 suggests a bearish short-term outlook.* Market sentiment remains cautious, with continued volatility expected until global indicators stabilize.#### Market Outlook:Analysts anticipate that the current period of volatility will persist until the Diwali season, with a possible stabilization and rebound afterward. Sector rotations are evident, indicating healthy market dynamics despite existing short-term challenges.In this volatile market environment, strategic active equity investments that target sectors with fundamental strength and positive real-time data indicators may present investment opportunities.