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Sensex slips 401 points, Nifty ends at 26,068

Markets fall as JSW Steel, Tata Steel, Hindalco drag. Maruti Suzuki, Tata Consumer Products lead gains

The Indian stock market ended Friday’s session in the red, with the Sensex falling 400.76 points to 85,231.92 and the Nifty 50 declining 124 points to 26,068.15, as investors booked profits near record levels and global cues turned weak.

The biggest support for the Nifty came from autos and FMCG, with Maruti Suzuki, Tata Consumer Products, Max Healthcare, Mahindra & Mahindra, and IndiGo emerging as the day’s top gainers, posting modest but steady rises. However, their gains were overshadowed by sharp losses in metals and financials. JSW Steel, Hindalco, and Tata Steel were among the worst performers, each dropping over 2–3%, while heavyweight names like Bajaj Finance and HCL Technologies also ended with notable cuts, contributing to the benchmark’s decline.

With metal, realty, and PSU bank indices slipping the most, analysts said the market’s pullback reflects a healthy breather after recent highs. Global rate-cut uncertainty and a softer rupee also added to the cautious mood.

Also Read: Sensex falls 300 points, Nifty slips below 26,100

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