Nifty, Sensex Snap Four-Week Run as Rally Cools and Trade Turns Range-Bound

Overview

• Benchmark indices ended the week lower, with the Nifty at 25,722 (-0.65%) and the Sensex at 83,938 (-0.55%), halting a four-week advance.
• SBI Securities projects sideways action next week, flagging Nifty support at 25,520–25,500 and resistance at 26,100–26,150, with the Sensex pegged near 83,500 support and 85,100 resistance.
• Broader markets extended gains for a second week as the BSE Midcap rose 1% and the BSE Smallcap added 0.7%, led by strength in PSU banks, Oil & Gas, Metals, Energy, and realty-linked plays.
• Domestic institutional investors bought roughly Rs 18,804 crore during the week, while foreign investors were net sellers of about Rs 2,102 crore.
• Risk appetite softened after a 25 bps Fed cut to 3.75–4.0% and guidance that another December move is not a given, with traders now eyeing PMI prints and key earnings for direction.