Stock Market Today: Nifty, Sensex Decline For Third Week As RIL, Trent Weigh; IT Stocks Outperform
On a weekly basis, the Nifty fell by 0.48% while the 30-stock Sensex slipped by 0.56%, led by a fall in Reliance Industries Ltd. and Trent Ltd.

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Stock Market News: Rupee Closes Stronger Against Dollar
Rupee strengthened by 26 paise to close at 86.21 against the US dollar.
It closed at 86.47 on Thursday.
Source: Bloomberg

Closing Bell: Nifty, Sensex Snap Two-Day Gains
Indian benchmark indices extended their losses to the third consecutive week as earnings woes continue to hurt investor sentiments. The key gauges trod with caution on Friday to snap their two-day gains weighed by a fall in heavyweights HDFC Bank Ltd. and Reliance Industries Ltd.
The S&P BSE Sensex closed 330 points or 0.43% down at 76,190, while the NSE Nifty 50 was 113 points or 0.49% lower at 23,092. Intraday, the Nifty fell 0.67% to 23,050, and the S&P BSE Sensex declined 0.56% to 76,091.7.
The Indian rupee strengthened by 26 paise to close at 86.21 against the greenback.
Most Asian stocks advanced on Friday on US President Donald Trump's push for interest-rate cuts and a potentially softer approach toward tariffs on China.
The yen strengthened while Japanese stocks rose after the central bank raised interest rates to the highest level in 17 years. Trump said in an interview with Fox News that he would rather not have to use tariffs against Beijing.







ICICI Bank Ltd., Hindustan Unilever Ltd., Infosys Ltd., Bharti Airtel Ltd. and Grasim Ltd. contributed to the gains in Nifty 50.
HDFC Bank Ltd., Reliance Industries Ltd., Mahindra & Mahindra Ltd., Trent Ltd. and Larsen & Toubro Ltd. contributed negatively to the benchmark index.

Ten out of the 12 sectors on the NSE declined, with Nifty Media and Nifty Realty falling the most on Friday. The Nifty FMCG and IT rose the most in trade. The Oil & Gas index fell for the fourth day in a row.

The broader indices underperformed. BSE Midcap closed 1.6% lower and BSE Smallcap closed 2.2% lower.
Only two sectoral indices of the 21 on the BSE ended higher and remaining fell. BSE Realty fell the most.
Market breadth was skewed in the favour of sellers. As many as 2,888 stocks fell, 1,052 rose, and 119 remained unchanged on the BSE.
On a weekly basis, the Nifty fell by 0.48% while the 30-stock Sensex slipped by 0.56%, led by a fall in Reliance Industries Ltd. and Trent Ltd. The information technology stocks outperformed all sectors during the week.
Nifty Realty fell for the 4th week in a row to end the five sessions lower by 9.12%. This was followed by losses in Energy and Oil and Gas stocks. Nifty realty recorded worst week in 10 months while Nifty Bank declined for the fourth week in a row. Nifty Pharma and Nifty Auto fell for the third week in a row

Stock Market Live News: Shriram Finance Tumbles As One-Time Gain Lifts Profit
Shares of Shriram Finance Ltd. fell on Friday after the non-baking lender's 73% growth in net profit was inflated by an one-time gain.
Shriram Finance Q3 Highlights (Consolidated, YoY)
Net profit up 73.4% to Rs 3,249 crore versus Rs 1,874 crore.
Total income up 20% to Rs 10,705 crore versus Rs 8,927 crore.
NII up 13.8% to Rs 5,590 crore versus Rs 4,911 crore.
Includes a one-time gain of Rs 1,554 crore due to the sale of Shriram Housing Finance.

Stock Market Live News: Top Gainers And Losers So Far
Hindustan Unilever Ltd., ICICI Bank Ltd., Infosys Ltd., Bharti Airtel Ltd. and Eicher Motor Ltd. contributed to the gains in Nifty 50.
HDFC Bank Ltd., Reliance Industries Ltd., Mahindra & Mahindra Ltd., Larsen & Toubro Ltd., and Trent Ltd. contributed negatively to the benchmark index.

Stock Market Live: Nuvama on Mphasis
Retains a Buy rating on the stock and revises the target price to Rs 3,650 from Rs 3,800.
Reports in-line third-quarter fiscal year 2025 results.
Expects the fourth quarter to be the best since the fourth quarter of fiscal year 2022.
Management indicates an improving demand environment, benefiting from tailwinds in the Banking, Financial Services, and Insurance sector, though the travel vertical remains a drag.
Anticipates the travel segment to bottom out in the coming quarters.
Total contract value has been solid, with stable margins expected to sustain.
Stronger deal conversion is expected to drive improved growth.
Notes that artificial intelligence investments are likely to yield results over the medium to long term.