Nifty 50 fell 157 points to 25,062 on Thursday, dragged by IT, FMCG, and realty stocks. IEX crashed 28% after regulator CERC approved market coupling, sparking fears of lost pricing edge. Infosys, Coforge, and Nestle slid post earnings, while PSU banks lent support. Retail sentiment turned bearish. Dr Reddy's, Indian Bank, and Canara Bank gained on solid Q1 performance.