Sensex falls over 200 points led by FMCG, IT stocks; Nifty below 25,750

Indian equities reversed early gains, slipping into the red as optimism around US trade developments faded, overshadowed by losses in FMCG and IT stocks. Despite a broad-based advance in small and mid-cap indices, investor caution prevailed. Geopolitical developments and US trade policies continue to influence market sentiment.