At the end of trading on Friday, the Sensex fell about 770 points to 81,538, while the Nifty dropped around 241 points to 25,049, sliding below the 25,100 mark. The broader sentiment turned cautious as profit booking intensified and selling pressure emerged across major sectors.
Early in the session, GIFT Nifty futures had hinted at a positive start, supported by gains in Asia and stronger cues from global markets. Asian indices such as Hang Seng and Straits Times were up about 0.5 percent, and U.S. markets had extended gains, lifting sentiment ahead of the Indian open.
However, the positive start did not translate into sustained buying. Market participants booked gains near intra‑day highs, and the indices reversed course, closing lower. The Indian rupee weakened further, ending at a fresh record low of around ₹91.96 against the U.S. dollar, adding to investor caution.
Several individual stock developments featured in the live market action. Nippon India Small Cap Fund increased its stake in Landmark Cars, while Goldman Sachs and Polar Capital trimmed their positions in the company. Sun Pharma received approval to market a generic semaglutide injection in India, a development that could impact the pharmaceutical segment.
On the earnings front, DLF reported a 13.6% rise in consolidated net profit for Q3 FY26, and multiple other companies, including Shriram Finance, Cipla, JSW Steel, and IndusInd Bank, were set to announce quarterly results.
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