Will Sensex & Nifty's Recent Drop After Record Highs Continue in Upcoming Sessions? | Closing Trades

Closing Trades: Sensex snaps 2-day record run, drops 131 pts, Nifty below 25,400; Infosys sheds 3%, Bajaj Finance gains 3%. Ahead of the pivotal U.S. Federal Reserve meeting tonight, where Jerome Powell is expected to initiate a rate cut cycle, Dalal Street is in a cautious "wait and watch" mode. Both Sensex and Nifty slip into negative territory post-noon after hitting fresh all-time highs. Profit booking was observed in IT stocks.
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