Last Updated on September 26, 2025 7:50 pm by BIZNAMA NEWS
BIZ DESK
Domestic equity benchmarks Sensex and Nifty closed sharply lower on Friday, marking their sixth consecutive session of losses amid broad-based selling pressure. The Sensex tumbled 733 points, or 0.90%, to settle at 80,426, while the Nifty declined 236 points, or 0.95%, ending the week at 24,655.
The rout extended across the broader market, with the BSE Mid-Cap index falling 1.74% and the Small-Cap index plunging 2.02%. Market breadth remained negative, with over 3,400 stocks declining against just 1,095 advancing.
Sectorally, the Energy index led the slide, nosediving 14.63% amid global demand concerns and profit booking. Commercial Services (-13.23%), Forest Materials (-9.75%), and Diamond & Jewellery (-9.30%) also witnessed steep declines. Pharma stocks were hit hard following the US administration’s announcement of 100% tariffs on branded drugs, dragging the Nifty Pharma index down 2.42%. IT (-2.03%), Defence (-2.28%), and Metal (-2.02%) sectors also closed in the red.
On the upside, only Printing & Stationery (+0.87%) and Castings & Forgings (+0.40%) managed marginal gains.
Among buzzing stocks, Hindustan Aeronautics Ltd surged 2.2% after securing a ₹62,370 crore defence contract. NTPC Green Energy commenced operations of a new solar project in Gujarat, boosting its installed capacity. Meanwhile, Swiggy exited Rapido with a ₹2,400 crore stake sale to fund its quick-commerce arm.
In currency markets, the rupee weakened by five paise to close at ₹88.71 against the US dollar, pressured by foreign fund outflows and global risk aversion.
With rising volatility and sustained FII selling, analysts caution that market sentiment may remain subdued in the near term.
