Overview
- After rebounding from steep early losses, the Sensex closed at 83,216.28 and the Nifty at 25,492.30, marking a third straight decline and a modest weekly drop.
- The indices hit intraday lows of 82,679 on the Sensex and 25,325 on the Nifty before trimming damages during a volatile session.
- Exchange data showed FIIs net sold about Rs 3,263 crore on Thursday while DIIs bought roughly Rs 5,284 crore, with analysts noting FII shorting outweighed domestic support.
- Bharti Airtel fell about 4–4.5% after Singtel sold roughly 0.8% stake (around 5.1 crore shares) for about Rs 10,353 crore via a block deal, dragging the benchmarks.
- IT and FMCG names lagged, while metals, financials and PSU banks showed relative strength, as weak global tech sentiment and risk-off cues set the tone.