Nifty closed 0.85% lower on Friday, around 24,870, but the index logged a weekly gain of nearly 1%.
Optimism over GST reform and S&P’s sovereign rating upgrade lifted auto and consumer durable stocks
by 5% and 4%, respectively.
However, 13 of 16 sectors declined on Friday—especially financials dropping ~1%.
VIX rose 3.1% to 11.7, signaling rising market anxiety.
Banking, metal, FMCG, and realty segments were among ke
y laggards.
Data shows FIIs and DIIs continued net selling activity, drawing caution across investors.
The technical shift may persist until global policy cues unfold.
Mid-week earnings updates and domestic policy moves may define near-term outlook.
The week’s gains reflect structural optimism against prevailing macro headwinds.
Market resilience offers a steady base for next week amid geopolitical jitterine
ss.