Overview

• Foreign portfolio investors were net sellers for a fifth straight session, offloading about ₹8,092.9 crore on Friday and ₹20,731.98 crore over the week, as domestic buyers could not fully counter the outflows.
• The Nifty closed at 24,426.85 and the Sensex at 79,809.65, extending a three-day decline and delivering the steepest weekly drop in nearly five months.
• BSE market capitalisation fell by roughly ₹1.52 lakh crore on Friday and about ₹10 lakh crore during the holiday-shortened week, with mid- and small-caps underperforming on their worst weekly losses since February–March.
• Fresh U.S. tariff measures announced this month and reported to take effect from August 27 are seen pressuring export-reliant sectors such as textiles, gems and jewellery, and marine products.
• Derivatives positioning turned more cautious, with Nifty futures rollover near 84%, added short interest, and higher September open interest suggesting a bearish-to-range-bound setup into the new series.