Nifty Indices Extend Losses In Live Trade, Financials And Autos Lead Decline

Indian stock markets continued to trade in the red during Friday’s session as benchmark indices extended losses. At 3:00 p.m., the Nifty 50 was down 202 points at 25,294, while the Sensex slipped 580 points to 81,668. The downturn was broad-based, reflecting cautious investor sentiment amid global volatility.  

Key Highlights  

• Nifty 50 index trades 1.30% lower at 25,294 in live session  
• Nifty Financial Services index falls 1.6%, led by weakness in banks and insurers  
• Nifty Auto index drops 2%, with auto majors under pressure  
• Sensex down 580 points at 81,668, erasing market capitalization  
• Global jitters from stalled US-Iran talks and firm dollar trends weigh on sentiment  

Market Outlook  
Analysts note that the weakness across financials and autos reflects investor caution amid global uncertainties. While IT stocks showed some resilience earlier in the session, overall market breadth remains negative. With nearly ₹5 lakh crore wiped off in market capitalization, traders expect consolidation to continue in the near term.  

Sources: Mint, The Hindu BusinessLine