Markets Slip as Widespread Selling Weighs on Sensex and Nifty

The benchmark Indian equity indices ended lower on Friday, marking a weak close to the week as selling pressure was seen across most sectors.

The Sensex fell 466.75 points, or 0.55 per cent, to close at 83,938.71, while the Nifty declined 155.75 points, or 0.60 per cent, to end at 25,722.10.

“Price action suggests that while bulls have temporarily lost momentum, the broader structure remains intact as long as Nifty sustains above 25,660,” analysts said.

“A decisive close below this level could trigger further downside toward 25,400–25,250, whereas a rebound and sustained move above 26,000 will likely reestablish bullish momentum, paving the way for a move toward 26,150–26,300,” they added.

Losses were broad-based, with most Sensex stocks finishing in the red. Only a handful of heavywei