Indian equity markets closed the session on a continued to close in the red for the sixth consecutive sessionTrump tariffs jitters investor sentiments. The Nifty 50 closed the session over 200 points lower, ending below 24,400, and the Sensex dropped 765 points or 0.95% to end below 80,000.
For the week, the NSE closed 1.3% lower while the Sensex finished 1% lower.
The Nifty Bank settled over 500 points or 0.93% lower at 55,000. The midcap stocks underperformed the overall market. The BSE Midcap surged 700 points, or 1.56%, higher at 44,570.89. On the other hand, the BSE Smallcap fell 540 points or 1% to finish at 51,596.97.
“The Indian equity market exhibited downward movement, closing at a three-month low amid growing concerns over the impact of US tariffs on Indian exports. FIIs remained net sellers, intensifying the pressure on domestic indices. The pessimism was broad-based, with realty and metals bearing the biggest brunt,” said Vinod Nair, Head of Research at Geojit Investments.
“Additionally, global financial institutions have begun revising India’s economic outlook downward, citing the adverse effects of the ongoing tariff concerns. Growth projections for 2025 and 2026 have been lowered, reflecting heightened uncertainty surrounding India’s trade and macroeconomic environment,” added Nair.
5 big highlights from today’s market action-
Indices in intraday trade
The indices closed Friday’s session on a negative note. During the session, out of 3,038 trading stocks, 984 advanced, while 1,969 declined, and 85 remained unchanged. Today, 54 stocks hit a fresh 52-week high. Meanwhile, 79 stocks touched a new 52-week low.
Top losers
IndusInd Bank’s shares were the biggest losers in today’s trade, declining 3.3%. It was followed by Bharti Airtel, Adani Enterprises, Shriram Finance, Tata Motors, and many others.
Top gainers
NTPC was the top gainer in the Nifty 50 in Friday’s session, closing 1.6% higher. It was followed by Titan, Dr Reddy’s Lab, HDFC Life Insurance, and Bajaj Finserv.
The Shipping sector’s stocks fell the most in Friday’s trade, falling 4.3% in market capitalisation. Telecommunications stocks trailed Electronics, which was further followed by the Consumer Durables sector stocks. The Electric Equipment sector stood behind the Defence sector. However, Rubber sector stocks surged in today’s weak trade.
Best and worst performing business groups
The Ramco Group’s market cap declined the most in today’s session, falling 5.5%. It was followed by the KK Birla Group. Apart from that, the Anil Dhirubhai Ambani Group’s market capitalisation was erased the most, falling 3.5%. In the list of Anil Dhirubhai Ambani Group stocks, Reliance Power and Home Finance were trading near their lower circuit.
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