Last Updated on November 28, 2025 11:18 pm by INDIAN AWAAZ
BIZ DESK
Benchmark indices Sensex and Nifty closed virtually unchanged on Friday as investors adopted a cautious stance ahead of crucial post-market macroeconomic announcements, including industrial output and inflation data. After a two-day rally, the BSE Sensex slipped 13.71 points (0.02%) to close at 85,706.67, swinging nearly 392 points between an intra-day high of 85,969.89 and a low of 85,577.82. The NSE Nifty declined 12.60 points (0.05%) to 26,202.95.
Analysts attributed the muted movement to fresh FPI outflows, concerns over global growth, and subdued cues from Asian and European markets. Thursday’s record-high surge also triggered profit-booking, particularly in heavyweight stocks.
Sector-wise Performance
- Power & Utilities: Weak sentiment pulled Power Grid sharply lower as investors booked profits after recent gains.
- Telecom: Bharti Airtel slipped amid mixed global telecom trends and valuation concerns.
- Banking & Financials: The sector saw divergence — Axis Bank declined, while Kotak Mahindra Bank and State Bank of India ended among top gainers on strong credit growth expectations.
- IT: Infosys dipped as global tech spending forecasts remained soft.
- Automobile: Mahindra & Mahindra rose on robust festive sales figures and optimistic rural demand outlook.
- Pharma: Sun Pharma gained, supported by steady U.S. generics performance.
Market participants now await macro data signals to gauge near-term direction amid global economic uncertainties.