Sensex Drops but Heads for Fourth Straight Weekly Gain

2025-10-24 05:52 By Chusnul Chotimah 1 min. read

The BSE Sensex fell 259 points, or 0.3%, to 84,298 in morning trade on Friday, as traders took some profit after the benchmark index hit a near 13-month high in the previous session.

Caution prevailed ahead of U.S.

inflation data due later in the day, which could influence the Fed’s upcoming meeting.

Domestically, preliminary data showed that private sector growth in India eased to a five-month low amid softer new orders, while foreign demand rose at the slowest pace since March.

However, an upbeat session on Wall Street overnight helped limit losses, supported by strong corporate earnings and easing US-China trade tensions ahead of next week’s meeting between President Trump and Chinese President Xi Jinping.

Consumer goods, healthcare, and banking stocks led the declines, with the biggest laggards including Hindustan Unilever (-3.3%), Kotak Mahindra Bank (-2.4%), and Axis Bank (-1.1%).

For the week, the index remains on track for a 0.4% gain, its fourth straight weekly advance.



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