The markets ended sharply lower on Friday, with benchmark indices seeing broad-based selling. The BSE Sensex tumbled 1,048 points to 82,627, while the Nifty 50 dropped below 25,500 to close at 25,471.
Major losers included Hindustan Unilever, Eternal, Tata Steel, Titan, Adani Ports, Reliance, Infosys, TCS, HCL Tech, and Wipro, which fell up to 4–5%. On the other hand, select pharma and FMCG stocks saw gains, partially cushioning the market decline.
Investors cited weak global cues, pressure on IT and metal stocks, and cautious sentiment in overseas markets as reasons for the fall. The drop erased substantial market capitalization, reflecting investor risk aversion amid volatile conditions.
The Indian rupee ended slightly lower against the dollar, while commodities had mixed movements during the session. Market participants continue to watch global trends and sector-specific earnings for guidance in the coming weeks.
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