The benchmark equity indices declined by up to 0.31% on Friday due to weak global cues, but ended the week with gains of up to 0.72%, marking the second straight week of advance.
In March, the Sensex and Nifty recorded monthly returns of up to 6.30% ― the highest in nine months (since June 2024). The Nifty also broke a five-month losing streak ― its longest since 1996.
ALSO READBSE stock jumps 18% as NSE defers Monday expiry
On Friday, the Sensex fell 191.51 points, or 0.25%, to close at 77,414.92, while the Nifty slipped 72.60 points, or 0.31%, to 23,519.35.
“Investors are awaiting fresh triggers for the next decisive move, while the uncertainty surrounding tariff talks is limiting the upside,” said Ajit Mishra, SVP – research, Religare Broking.
“The final week of the current financial year began on a strong note but ended flat as the investor sentiment weakened following the announcement of tariffs on automobiles,” said Vinod Nair, head of research, Geojit Investments. Despite steady inflows from institutional investors, the market struggled to sustain its momentum, he added.
On Friday, foreign portfolio investors (FPIs) net sold shares worth Rs 4,352.82 crore while domestic institutional investors (DIIs) net purchased shares worth Rs 7,646.49 crore, according to provisional data from the BSE. During the week, FPIs were net buyers of Rs 18,130 crore while DIIs were net buyers of Rs 6,797 crore.
The broader indices, BSE Midcap and BSE Smallcap, declined 0.68% and 0.35%, respectively. During the week, they fell 0.72% and 1.39%. However, in March, these gauges gained 7.62% and 8.25%.
For the week, banks, financial services, capital goods, FMCG, and industrials were the top sectoral gainers, rising up to 2.35%, while auto, consumer discretionary, telecom, consumer durables and healthcare were the major sectoral laggards, falling up to 2.35%.
Rupee rises 33 paise to hit three-month high
Among Sensex stocks, Bajaj Finserv, UltraTech Cement, Kotak Mahindra Bank, HDFC Bank, and Axis Bank were the top weekly performers, gaining up to 8.69%. On the other hand, Zomato, IndusInd Bank, M&M, Tata Motors and Titan were major losers,
» Read More
