Sensex Dips 400+ Points, Nifty Slides Below 25,000 as Caution Sets In Ahead of Powell’s Speech

📉 Market Snapshot - Sensex dropped over 400 points, ending a six-day winning streak. - Nifty slipped below the crucial 25,000 mark, signaling investor caution. ⚡ What’s Driving the Shift? - Optimism around GST reforms has paused, giving way to uncertainty. - Investors are closely watching Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium for clues on global monetary policy. 🏭 Sector Performance - 13 of 16 sectoral indices traded in the red. - Metals and real estate sectors faced the sharpest declines. - On the upside, media, pharmaceuticals, and consumer durables showed resilience amid the broader sell-off. 🔍 Takeaway for Investors - The market’s pause highlights sensitivity to global cues despite domestic reforms. - Watching how sectors respond can offer insights into underlying market strength and risk areas.

and were among the top losers, reflecting sector-specific pressures amid the broader trend.