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Below the Quote on Market by Mr. Vikram Kasat, Head - Advisory, PL Capital

“Indian equity markets ended the week on a soft note. At close, the Sensex slipped 387.73 points (0.47%) to 82,626.23, while the Nifty fell 96.55 points (0.38%) to 25,327.05. Market breadth remained balanced with 1,992 stocks advancing, 1,961 declining, and 163 unchanged. The BSE Midcap and Smallcap indices ended flat.

 Sectoral performance was mixed. Consumer durables, media, auto, FMCG and IT slipped 0.4–0.6%, while power and PSU banks gained around 1% each. Among Nifty constituents, top losers included HCL Technologies, ICICI Bank, Nestle, Titan Company and Trent, while Adani Enterprises, Adani Ports, SBI Life Insurance, Shriram Finance and SBI emerged as notable gainers.

 On the currency front, the rupee closed marginally stronger at 88.10 per dollar versus Thursday’s 88.13. Meanwhile, foreign institutional investors (FIIs) remained net sellers, continuing the cautious trend seen in recent months.

 As India heads into the festive season, all eyes are on how markets digest recent GST rate cuts, evolving consumer demand trends, and the steady stream of IPOs that have kept primary market activity resilient despite global volatility.”

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