Market Overview: Sensex ends 95 points lower, Nifty slips under 25,500; Tech Mahindra, IndiGo decline 2% each

Indian equities recovered from sharp early losses but still finished lower on Friday, marking the third consecutive day of declines for both the Sensex and Nifty. Investors booked profits following a robust rally in October. The downturn, fueled by foreign investor outflows and a cautious global sentiment, was partially offset by optimism surrounding corporate earnings and potential advancements in India–U.S. trade negotiations. The S&P BSE Sensex eased 0.1% to 83,216.28, rebounding from an intraday plunge of over 600 points, while the NSE Nifty 50 shed 0.07% to 25,492.30 after recovering from earlier losses of nearly 0.7%. Among the 30 Sensex constituents,

l, , , , and Technologies were the major laggards, retreating between 1% and 4.5%. l tumbled 4.5% after Singapore Telecommunications divested a 0.8% stake in the telecom giant for $1.2 billion. Equities on Dalal Street regained some ground from steep intraday falls, aided by optimism over strong earnings reports and progress in India–U.S. trade dialogues. U.S. President Donald Trump stated on Thursday that discussions with Indian Prime Minister Narendra Modi were “going well,” adding that he intended to visit India in the near future. For the week, both the Sensex and Nifty declined 0.9%. The broader small-cap index fell 1.7%, while mid-cap shares remained largely unchanged. Meanwhile, public-sector banks outperformed, gaining 2.1% for the week, driven by State Bank of India (SBI) following stronger-than-expected results and an upward revision in its full-year loan growth outlook. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.