Market Wrap: D-Street logs 7th straight loss on auto, IT sell-off; Sensex falls 61 points, Nifty below 24,700

Indian markets recorded their seventh consecutive loss, with Nifty and Sensex closing marginally down amidst mixed global cues. The rupee settled near its all-time low, while crude oil prices declined. An expert noted Nifty’s potential pause in its downtrend, anticipating continued volatility ahead of the F&O expiry.