On Friday, the NSE Nifty 50 index fell 96 points to close at 25,795, while the S&P BSE Sensex dropped 345 points to 84,212. The Nifty Bank index declined 379 points to 57,700, and the Nifty Midcap 100 slipped 140 points to 59,231. For the week, the Nifty gained 0.3%, extending its winning run, though gains were modest.
Investors are also looking forward to US inflation date later in the day. The US is expected to have held steady at 3.1%, a reading that’s unlikely to impact a widely anticipated rate cut from the Federal Reserve next week.Market breadth was weak, with 33 Nifty stocks closing lower. Midcaps moved broadly in line with the benchmarks, while bank stocks underperformed.
Among Nifty constituents, Hindalco Industries, Shriram Finance, Infosys, and Bajaj Finserv were the top gainers, whereas UltraTech Cement, ICICI Bank, Adani Ports, and Eterna were the top losers.Aluminium producers advanced as global prices rose, pushing Hindalco to the top of the gainers’ list.
Cipla saw profit-booking after its agreement with Eli Lilly for a weight-loss drug, while Hindustan Unilever (HUL) fell 3% as brokerages remained cautious on the stock following muted growth.
Kotak Mahindra Bank slipped nearly 2% ahead of its quarterly earnings on Saturday, and Supreme Industries declined 3% ahead of results due Monday. Colgate-Palmolive India also ended 2% lower after weak quarterly earnings.
Among midcaps, Samman Capital, Vodafone Idea, Indian Energy Exchange (IEX), and Bank of India were top gainers, while MCX, Patanjali Foods, Cyient, and Astral were top losers.
Defence stocks closed higher after the Defence Acquisition Council approved procurements worth ₹79,000 crore.
First Published: Oct 24, 2025 3:49 PM IS
