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Market reverse 3 day rally,Nifty fall 0.5% on profit booking

The Indian stocks ended lower on Friday, breaking a three-day winning streak, as weakness in FMCG, IT and banking shares dragged the Nifty 50 below 25,350,however buying in realty, oil & gas, power and PSU banks limited the losses.At close, the Sensex was down 387.73 points or 0.47 percent at 82,626.23, and the Nifty was down 96.55 points or 0.38 percent at 25,327.05. About 1992 shares advanced, 1961 shares declined, and 163 shares unchanged.
Adani Enterprises, Adani Ports, SBI Life Insurance, Shriram Finance, SBI were the top gainers on the Nifty, while losers included HCL Technologies, ICICI Bank, Nestle, Titan Company, Trent.On the sectoral front,consumer durables, media, auto, FMCG, IT shed 0.4-0.6%, while power, PSU bank rose 1% each.BSE Midcap and smallcap indices ended flat.
Market This Week: 
●Market gains for 3rd straight week for the 1st time in 5 months,
●Sensex & Nifty are up nearly 4 percent in last 3 weeks
●All 4 frontline indices records gains of 1 percent each this week,
●Except FMCG, all sectors see gains, PSU & realty top gaining sectors,
●Nifty PSU Bank is up 5 percent, realty 4 percent, BSE power 3 percent & Nifty oil & gas 2 percent.
Rupee Close: 
On 19 Sep'25,the Indian rupee reversed early losses to end marginally higher and closed 3 paise lower at 88.10 against the greenback on Friday,even as the momentum in the dollar was on the rise.
Trading Guide: 
Vinod Nair, Head of Research, Geojit Investments stated,the Indian equity market witnessed profit booking after a sustained multi-session rally, driven by anticipation of the FED entering an easing cycle. Positive developments in U.S.-India trade negotiations and improved global liquidity conditions continued to offer a cushion to investor sentiment.Against the backdrop of strengthening domestic fundamentals and a weakening U.S. dollar, the environment appears conducive for a potential return of FIIs, following a prolonged phase of net outflows. Sectoral rotation was evident, with PSU banks, metals, and pharma stocks leading the gains, while IT, FMCG, and private banking stocks lagged.
Market experts recommended five shares to buy on Friday-Zen Technologies Limited, Usha Martin, Hariom Pipe Industries, Hyundai Motor Co, and HFCL.

(Business Correspondent)

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