On Thursday, the Sensex fell 300 points, while Nifty dipped below 24,850 after a strong opening. The Nifty Auto index dropped 3%, with Bajaj Auto falling 8% post its Q2 results. Investors are eagerly waiting for blue-chip earnings reports from Infosys, Axis Bank, Wipro, Nestle, and LTIMindtree for fresh market signals.
Meanwhile, RVNL surged 7% after securing a Rs 270 crore order. Experts suggest the US market's continued strength and a potential Fed rate cut could drive further gains in global equities.