Sensex drops 319 points as Nifty falls below 25,200
In short
On Friday, the Sensex fell 319 points and the Nifty lost 155 points, ending a three-day rise.
The fall came as crude oil prices rose and selling hit several sectors. Some stocks such as Hitachi Energy and Amber Enterprises went up, while Tata Motors PV and others fell.
What the reporting says
The Sensex and Nifty ended Friday lower, with the Sensex down 319 points and the Nifty down 155 points, after a three-day gaining streak. The pullback came as crude oil prices rose and selling pressure hit several sectors, while Hitachi Energy, Amber Enterprises and Eicher Motors gained and Tata Motors PV, Grasim, Muthoot Finance and Manappuram Finance fell.
Why it matters
Indian equities weakened on Friday as the Sensex and Nifty snapped a three-day gaining streak. The market reaction was linked in the brief to higher crude oil prices and broader selling across sectors. Stock-specific moves were mixed, with gains in Hitachi Energy, Amber Enterprises and Eicher Motors, while Tata Motors PV, Grasim, Muthoot Finance and Manappuram Finance declined.