Overview
- Both benchmarks snapped a four-week advance, with the Nifty closing at 25,722 and the Sensex at 83,938 for small weekly losses.
- Analysts flag a sideways bias near key levels, with Nifty support at 25,520–25,500 and resistance at 26,100–26,150, and Sensex levels near 83,500 and 85,100.
- PSU banks, Oil & Gas, Metals and Infrastructure led gains, while autos, pharma and private banks saw selective profit-taking.
- Domestic institutions bought about Rs 18,804 crore for the week as foreign investors sold roughly Rs 2,102 crore, extending a long-running split in flows.
- Broader mid- and small-cap gauges rose for a second week, with attention turning to heavyweight earnings and a busy IPO slate that includes Groww and Pine Labs.