Markets End Three-Day Rally, Slip on Profit-Booking and Weak Sentiment

Equity indices fell on Friday as investors booked profits in heavyweights like

TCS, ICICI Bank, and Titan. Sentiment weakened due to the U.S. ending sanctions waiver for India’s Chabahar port, weak global cues, a rise in volatility index, and rupee depreciation. Sensex dropped 477 points, while Nifty slipped 124 points.