31 October 2025, 14:41 India: Sensex Ends on Negative Note.
India's BSE Sensex closed about 0.6% down at 83,938.7 on Friday, the lowest since October 16, extending losses for a 2nd straight day. Foreign fund outflows, mixed corporate earnings and the lack of clarity on the US Federal Reserve's future rate action continued to pressure sentiment. At the same time, US-China trade deal was welcomed with caution. Eternal, NTPC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finserv, Power Grid, Trent and HDFC Bank were the major laggards, shedding between 1% and 3.5%. On the flip side, Bharat Electronics added nearly 4% ahead of its quarterly report and after the company secured additional orders worth 7.32 billion rupees. Larsen & Toubro, Tata Consultancy Services and State Bank of India were also among the few gainers, adding between 0.3% and 1.1%. ITC rose 0.4% after reporting stronger-than-expected Q2 profit on Thursday. The index fell 0.3% for the week, its first decline in five weeks, but posted a 4.6% gain for the month.
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