Stock Market Today: Sensex, Nifty Log Sixth Straight Weekly Losses Amid Tariff Jitters; HDFC Bank Top Dragger

• Benchmark fell 1% in intraday

• Bharti Airtel and IndusInd Bank among the top losers in Nifty

• Benchmark indices outperform Broader Market indices

• All sectoral indices ended in red

• Nifty realty fell over 2% for the day , Worst performing sector

• Godrej properties, Sobha and phoenix Mills fell the most in Nifty Realty

• Kalyan jewelers fell 10% post Q1 results, Worst performer in Nifty midcap 150

• Nifty oil and gas fell for fourth consecutive session

• Nifty PSU snaps its two day gaining streak, dragged by Punjab&Sind Bank and Bank of baroda

• Nifty Bank snaps its two day gaining streak

• Rupee closed 4 paise stronger at 87.66 against US Dollar

• It closed at 87.70 a dollar on Thursday.

Source: Cogencis

Indian markets are likely to remain range-bound going forward, as most market participants continue to stay on the sidelines, said Sandeep Tandon, founder and chief investment officer of Quant MF.

Sentiment is ultimately very important for a rally. Currently, overall excitement is missing, he said.

Poly Medicure Q1 Highlights (Cons, YoY)

• Revenue up 4.8% to Rs 403 crore versus Rs 385 crore

• Ebitda up 2.3% to Rs 106 crore versus Rs 104 crore

• Margin at 26.3% versus 26.9%

• Net Profit up 25.7% to Rs 93 crore versus Rs 74 crore

Gandhar Oil Refinery Ltd.'s share price jumped 7% in Friday's session despite the company posting bleak numbers for the first quarter. Its consolidated net profit declined 15% on the year to Rs 26.2 crore from Rs 30.8 crore.