Indian stock market down over 2 pc this week amid global uncertainties, FII outflows
MUMBAI: Indian equity benchmarks closed this week down over 2.5 per cent due to profit-booking, sustained foreign institutional investor (FII) outflows and renewed concerns over global trade disruptions stemming from the US tariff rhetoric.
All sectoral indices ended in the red this week, with Realty logging the worst-performance, dipping 11.33 per cent. Consumer durables, telecom, and consumer discretionary sectors went down over 5 per cent.
Nifty dipped 2.51 per cent during the week and 0.95 per cent on the last trading day to 25,048. At close, the Sensex was down 769 points or 0.94 per cent at 81,537. It dipped 2.43 per cent during the week.
Broader indices posted stronger losses during the week, with the Nifty Midcap100 down 4.58 per cent while Nifty Smallcap100 declined 5.81 per cent.
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