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Below the Quote on Market Round Up by Shrikant Chouhan, Head Equity Research, Kotak Securities

The Nifty-50 Index and Sensex each lost around 2.5% each in the past week as markets resumed the risk-off sentiment. While the mid-cap index lost around 2.4% and small-cap index lost around 1.4% in the past week. Global equity markets witnessed a sharp selloff in the aftermath of the US imposing reciprocal tariffs on most major economies. Indian Indices outperformed, as Indian markets did not react as much as other markets yesterday, following the news flows on tariffs. Sector-wise, most indices ended in red with Capital goods (-5.0%), IT (-8.0%), Metal (-7.2%), Realty (-3.5%), Oil&Gas (-3.9%) and Auto (-5.6%) sectors as major sectoral losers. Other sectors lost between 1 to 3% each. While sectors like Bank Nifty (+0.2%), Telecom (+3%) and FMCG (0.4%) reported gains for the week. Within the Nifty, Tata consumer (+8.4%), IndusInd Bank (+5%) and Trent (+4.6%) gained the most, while Hindalco (-11.4%), HCL Tech (-10.3%) and Tata Motors (-9.2%) lost the most. FPI were net buyers in the past five days, while DIIs were net sellers in the same period. On the economy front, (1) CAD/GDP was at 1.1% in 3QFY25, (2) total central government receipts in 11MFY25 were 13.4% higher yoy and (3) the center’s capex growth was 0.8% in 11MFY25. Meanwhile, the USD-INR appreciated 0.4% over the past week.