7 months ago
3
Benchmark indices Sensex and Nifty declined connected Friday (October 24, 2025) amid profit-taking successful FMCG and banking shares pursuing a six-day rally and caller overseas money outflows.
Snapping its six-day winning streak, the 30-share BSE Sensex dropped by 344.52 points oregon 0.41% to settee astatine 84,211.88. During the day, it fell by 599.25 points oregon 0.70% to 83,957.15.
The 50-share NSE Nifty declined by 96.25 points oregon 0.37% to 25,795.15 arsenic 34 of its constituents closed little and 16 with gains.
Profit-taking emerged aft a six-day rally, during which cardinal indices soared by astir 3% connected beardown festive request and overseas money inflows. Both Sensex and Nifty deed their 52-week highs connected Thursday.
Sentiment was further dampened aft Commerce and Industry Minister Piyush Goyal connected Friday said India does not bash commercialized agreements successful a hurry oregon with a "gun to our head".
Among Sensex firms, Hindustan Unilever dropped the astir by 3.20%. UltraTech Cement, Kotak Mahindra Bank, Adani Ports, Titan, HDFC Bank and Axis Bank were besides among the laggards.
However, Bharti Airtel, ICICI Bank, Bharat Electronics and Sun Pharma were among the gainers.
"We are successful progressive dialog with the EU. We are talking to the U.S., but we bash not bash deals successful a hurry and we bash not bash deals with deadlines oregon with a weapon to our head," Mr. Goyal said astatine Berlin Dialogue successful Germany. The Minister is successful Berlin to enactment successful the dialogue.
"Equity markets ended the week connected a subdued enactment aft Commerce Minister Piyush Goyal’s remarks that India volition not unreserved into commercialized agreements with restrictive conditions dampened hopes of an aboriginal India–US commercialized deal, starring to profit-booking crossed sectors pursuing a beardown rally earlier successful the week," Ponmudi R, CEO of Enrich Money, an online trading and wealthiness tech firm, said.
In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite scale and Hong Kong's Hang Seng settled higher.
Markets successful Europe were trading connected a mixed note. US markets ended successful affirmative territory connected Thursday.
Foreign Institutional Investors (FIIs) offloaded equities worthy ₹1,165.94 crore connected Thursday, according to speech data. Domestic Institutional Investors (DIIs), however, were nett buyers, purchasing equities worthy ₹3,893.73 crore connected a nett ground successful the erstwhile trade.
"Nifty ended little by 96 points to adjacent astatine 25,795, snapping a 6-day run-up. Markets were pressured by U.S. sanctions connected Russian lipid companies and profit-taking by investors," Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd, said.
Global lipid benchmark Brent crude dipped 0.24% to $65.83 a barrel.
Rising for the sixth consecutive league connected Thursday, the Sensex climbed 130.06 points oregon 0.15% to settee astatine 84,556.40. The Nifty ended 22.80 points oregon 0.09% higher astatine 25,891.40.
