Overview

• The Nifty 50 fell 0.86% to 24,039.35, and the Sensex dropped 0.74% to 79,212.53 on Friday, reversing earlier weekly gains.
• Rising tensions between India and Pakistan following the Pahalgam terror attack, which killed 26 tourists, have dampened investor confidence.
• The India Vix volatility index surged 6%, while broader market indices like the Nifty Midcap 100 and Smallcap Index fell over 2.4%.
• Foreign Institutional Investors (FIIs) shifted from net buyers on Thursday, with ₹8,250.53 crore in purchases, to net sellers on Friday, offloading ₹2,952 crore worth of equities.
• Markets are entering a pivotal week with over 180 corporate earnings reports, geopolitical risks, and macroeconomic data expected to drive volatility.