Benchmark domestic equity indices extended their losing streak for a sixth straight week. The decline was driven by persistent geopolitical tensions, elevated crude oil prices, sustained foreign fund outflows, and sharp currency fluctuations, which weighed on investor sentiment. During the week, the 30-share Sensex at the Bombay Stock Exchange shed 263 points, or 0.35 per cent, to close at 73 thousand 320.
The National Stock Exchange Nifty 50 lost 107 points or 0.46 per cent, to end at 22 thousand and 713. Meanwhile, the broader market at the BSE remained mixed over the week, with the Mid-cap index dropping almost half a per cent, while the Small-cap index rose nearly one and a half per cent. Among sectors, Realty, Healthcare and Banking were the top gainers for the week, rising nearly three per cent, 2.7 per cent and one per cent, respectively.
In contrast, Metal, Power, and Consumer durables were the top losers, each falling more than two per cent. In the forex market, the Indian rupee appreciated by 1 rupee and 71 paise during the week to settle at 93 rupees and 10 paise against the US dollar.
Must Read
- Advertisement -
