ET Market Watch: Sensex cracks 2,350 pts in per week, commerce jitters, FII promoting hit shares
Indian markets ended the week on a shaky be aware, with promoting strain deepening for the fifth straight session.
The Sensex slipped over 600 factors, whereas the Nifty closed under 25,700, as world commerce jitters and political uncertainty out of Washington saved traders firmly on the defensive.
Over the previous 5 classes, the Sensex has shed greater than 2,350 factors, wiping out practically ₹8 lakh crore in investor wealth.
The most important overhang stays Trump’s tariff risk. Markets are on edge forward of the US Supreme Courtroom verdict on the legality of Trump-era tariffs — a ruling that might reshape world commerce flows. If tariffs are struck down, India, one of many worst-hit markets, might see relief-led shopping for.
Including to the strain is persistent FII promoting, with international traders pulling out over ₹3,300 crore within the newest session.
International cues remained combined, crude costs climbed close to two-week highs, and technically, benchmarks have damaged key help ranges, reinforcing bearish momentum.
That stated, consultants consider high quality shares in financials, consumption and industrials could supply long-term alternatives amid the correction.
That’s your fast market wrap.
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