Financials saw the sharpest losses, with Nifty Financial Services Index falling −1.1%.
Axis Bank plunged −4.71%, ending at ₹1,185, worst among major banks.
Kotak Mahindra Bank fell −1.42%, closing around ₹1,773.
HDFC Life dropped −1.69%, with closing price at ₹619.
SBI Life also lost −1.61%, finishing near ₹1,408.
Insurance sector underperformed
ICICI Prudential Life declined by −1.50%, closing around ₹595.
IndusInd Bank dropped −1.20%, ending the week close to ₹1,436.
HDFC Bank was slightly down at ₹1,610, despite stable results.
Market sentiment dragged even quality names into the red.