India condoles death of 12 nationals in Ras Laffan gas facility explosion, US senators flag Pakistan’s history of harbouring terrorists, hiding bin Laden, India initiates anti-dumping probe against imports of electrical steel from China, 3 other nations,

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)


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

Avocado is also an excellent source of dietary fiber. Including it in your meals can contribute significantly to your daily fiber intake. 

Read More

Crime

The NIa has arrested two key accused in connection with the 2022 bomb blast in West Bengal's Amta area that claimed one life and left three others injured.

Read More

Opinion

The India-US economic relationship appears to be entering a crucial phase, with both sides moving toward the “final touches” on an interim trade agreement after months of difficult negotiations.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.