Nifty Analysis: Slips Below 25,200 | IT & Pharma Drag, Adani Stocks Rally | F&O View| Editor’s Take　 #ETNOW

Indian equities saw a weak session with Nifty slipping below 25,200 amid negative sentiment on IT and Pharma stocks, largely driven by H-1B visa concerns. Adani Group counters outperformed, showing high price volatility but low delivery volumes. Market analysts note key support at 25,000 is fragile, while resistance sits at 25,300–25,500. Put/call ratios, open interest, and F&O data indicate cautious investor positioning ahead.

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