Indian equity markets recorded a third consecutive week of losses as the BSE Sensex and NSE Nifty declined amid ongoing geopolitical uncertainty and global interest rate concerns.
Key Points
- The BSE Sensex fell 276.32 points, while the NSE Nifty dropped 76.35 points during the trading week.
- Bharti Airtel saw the largest valuation decline, shedding Rs 40,500.85 crore in market capitalization.
- Tata Consultancy Services (TCS) led gains among major firms, adding Rs 16,643.2 crore to its market valuation.
- ICICI Bank and State Bank of India also posted valuation increases despite the broader market downturn.
- Reliance Industries maintained its position as India's most-valued firm despite the overall negative market sentiment.