Mumbai, Oct. 30 -- The domestic equity benchmarks ended lower on Thursday, mirroring weak global sentiment after the U.S. Federal Reserve cut interest rates as expected but hinted that it could be the last reduction for 2025. Investor mood further weakened after the much-anticipated Trump-Xi meeting concluded without tangible progress on a U.S.-China trade deal. Persistent selling by foreign institutional investors (FIIs) added to the pressure. The Nifty 50 slipped below the 25,900 level, weighed down by losses in private banks and financial services stocks.

The S&P BSE Sensex tumbled 592.67 points or 0.70% to 84,404.46. The Nifty 50 index fell 176.05 points or 0.68% to 25,877.85.

Reliance Industries (down 1.04%), Bajaj Finance (down 1....