Nifty, Sensex hit an eighth month low. (Photo Source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The Indian stock market suffered its sharpest weekly fall in nearly eight months, with both the Sensex and Nifty ending deep in the red. The Sensex shed 2.66% this week, weighed down by heavy losses in IT, auto, and pharma counters. The Nifty fell 3% over the past six sessions, slipping below the key 25,000 mark, while the broader markets underperformed with Nifty Midcap100 and Smallcap100 each down more than 2%.
Despite the rout, a handful of stocks managed to buck the trend. Maruti Suzuki India Ltd. emerged as the best performer on the Sensex, rising 2.49%. Axis Bank Ltd. followed with a gain of 1.57%, while Larsen & Toubro Ltd. added 1.50%.
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