Sensex sheds 288 pts, Nifty below 25,500 as financials drag despite U.S.-India trade deal hopes

Indian benchmark indices Sensex and Nifty closed lower on Wednesday, experiencing a downturn due to a pullback in financial stocks from near-record highs. This decline occurred despite positive sentiment generated by U.S. President Donald Trump's comments suggesting a possible trade agreement between the U.S. and India. The BSE Sensex fell by 0.34%, while the NSE Nifty decreased by 0.35%.