Markets end the week on a sharp downtrend: Sensex drops 770 pts, Nifty slips below 25,050, and over 40 stocks close in red. Which sectors triggered the selling, and what does this mean for investors next week?
Indian stock market closed sharply lower on Friday amid heavy selling pressure
New Delhi: Indian equity markets ended near the day’s lows on Friday, extending a challenging week for investors. The BSE Sensex fell 770 points to 81,538, while the Nifty 50 dropped 241 points to 25,049, slipping just below the 25,050 mark.
Broader indices also struggled, with the midcap index falling 1,046 points to 57,146 and Nifty Bank declining 727 points to 58,473. All sectoral indices ended in the red, led by realty stocks, while market breadth remained weak, with the NSE advance- decline ratio at 1:3.
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For the week, Indian equities recorded their largest weekly fall in four months. The Sensex, Nifty, and Nifty Bank all lost approximately 2.5%, while the midcap index slid over 4.5%. Sectoral performance was uneven, with Nifty Realty plunging 14%, emerging as the worst-performing sector.
BSE-listed companies saw their combined market capitalisation erode by over ₹15 lakh crore, and more than 40 Nifty stocks posted losses for the week.
Among the top Nifty losers, Wipro, Eternal, Jio Financial, Adani Ports, and Cipla led declines. On the midcap front, Kalyan Jewellers, IIFL Finance, Adani Green, Paytm, and Ola Electric faced steep losses, while a few midcap names bucked the trend. Hind Zinc, Bajaj Consumer, Ashok Leyland, and Bandhan Bank emerged as rare gainers, with Hind Zinc rallying over 4% following a record-high silver price.
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All major sectoral indices closed lower, with realty hit hardest due to profit-booking after recent gains. Stocks in the energy and finance segments also faced selling pressure. Adani Enterprises, Adani Ports, Eternal, Adani Power, and IndiGo fell between 4–11%, while Adani Green slid 14% following Q3 results. Paytm dropped over 10% in the week amid weak sentiment.
Market analysts attribute the broad-based weakness to profit booking, global cues, and sector-specific pressures, particularly in realty and midcaps. The advance-decline ratio of 1:3 indicates continued selling pressure. Investors are now closely watching corporate earnings and policy developments for direction in the coming week.
Disclaimer: This article is for informational purposes only and is not financial advice. Market prices can change, and past performance does not guarantee future results. Consult a licensed financial advisor before making investment decisions.
