Indian equity benchmarks continued their downward trend on Friday, pressured by persistent selling from foreign institutional investors and weak global cues that dampened investor confidence.
The Sensex fell 465.75 points, or 0.55 percent, to close at 83,938.71, while the Nifty declined 155.75 points, or 0.6 percent, to end at 25,722.10.
Several major stocks in the Nifty pack, including NTPC, ETERNAL, Max Healthcare Institute, Cipla and InterGlobe Aviation, were among the notable laggards and slipped up to two percent during the trading session.
Market participants pointed to sustained foreign investor outflows as a key driver of the decline. FIIs sold equities worth ₹3,077.59 crore on Thursday, following withdrawals of ₹2,540.16 crore in the previous session.
According to market experts, the continuous selling by overseas investors has weakened overall market sentiment and is likely to act as a short-term drag on equities.
Global cues also added to the pressure. Asian markets remained subdued, with indices in Shanghai and Hong Kong trading lower, while U.S. markets closed in the red in the previous session.
Analysts observing global movements said that investors appear cautious as they assess recent policy signals from the U.S. Federal Reserve and await major economic data releases.
The overall tone was described as tentative, with Asian markets displaying uneven movement ahead of the weekend amid ongoing volatility.
Uncertainty surrounding U.S.–China trade discussions contributed to the weakness as well. Recent talks between U.S. President Donald Trump and China’s Xi Jinping concluded with expressions of optimism regarding easing tensions, but analysts noted that the outcome did not include a comprehensive agreement.
Also Read: Adani Power Lowest Bidder for 3.2 GW Coal Tender in Assam