Benchmark indices concluded the week with minor gains, as Nifty snapped a three-week losing streak. Nifty Bank underperformed, closing lower for the third
consecutive week. Defence and metal stocks led sectoral gains, each rising nearly 3%.
Among Nifty constituents, Shriram Fin, Trent, Coal India, and Ultratech were the top performers. In the midcap space, RVNL, NMDC, Hind Zinc, Bharat Dynamics, and Cochin Shipyard gained 7–20%, while Coforge, Bandhan Bank, Dixon Technologies, Sona BLW, and Tata Communications were the biggest midcap decliners, down 3–10%.
Friday’s session was muted, with the market ending near day’s lows. Sensex fell 367 points to 85,041, while Nifty slipped 99.8 points to 26,042, breaching its 20-day moving average intra-day.
Midcap indices fell 137 points to 60,314, and Nifty Bank declined 172 points to 59,011. IT and auto stocks led losses, with Nifty IT ending in the red for the third straight session.
Coforge slipped nearly 4% ahead of a fundraising meet and likely Encora acquisition, while Stylam Industries recovered in the final hour to close 1% lower on the Aica Kogyo deal. Railway stocks surged, with RVNL up over 12% as new fares took effect.
Titan topped Nifty gainers, rising 2% ahead of its lab-grown diamond store launch, and Dilip Buildcon rose nearly 2% on two order wins worth over ₹5,000 crore. Panacea Bio surged 13% on an increase in UNICEF order value.
The NSE advance-decline ratio stood at 1:2, reflecting cautious sentiment as investors weighed corporate earnings, sectoral trends, and macro factors heading into next week.
