The Indian equity markets closed in a mixed fashion on Friday, with the benchmark Sensex and Nifty indices moving in opposite directions. The 30-share BSE Sensex fell 58.50 points or 0.07% to end at 80,994.69, while the broader NSE Nifty edged lower by 10.00 points or 0.04% to settle at 24,801.50.
The market witnessed a volatile trading session, with 1,690 shares advancing, 797 shares declining, and 116 shares remaining unchanged. The mixed performance was largely driven by sector-specific trends, with some industries outperforming while others lagged behind.
Among the major gainers on the Nifty were Bajaj Auto, Apollo Hospitals, Tata Motors, Tata Consumer, and Reliance Industries, which saw significant buying interest. On the flip side, ONGC, NTPC, Infosys, LTIMindtree, and IndusInd Bank were among the top losers.
The market’s performance was influenced by a combination of domestic and global factors, including corporate earnings, economic data, and geopolitical developments. Investors remained cautious as they navigated through the ongoing earnings season and awaited further cues from the upcoming economic events.
Despite the mixed closing, analysts believe that the market’s underlying trend remains positive, with the potential for further upside in the coming sessions. However, they also advise investors to remain vigilant and make informed decisions based on their risk appetite and investment goals.
