India's BSE Sensex ended the trading session on Friday with a decline of approximately 0.2%, settling at 81,451. This downturn follows the gains made the previous day and reflects a hesitant market sentiment amid ongoing volatility and uncertainties in global trade. Notably, on Thursday, a federal appeals court permitted U.S. President Donald Trump to re-impose tariffs, reversing a previous court decision that had blocked them. This development contributed to challenges across various sectors, with technology, automotive, and pharmaceutical industries being notably affected.
Investors shifted their attention to the upcoming release of India's GDP figures and the U.S. Personal Consumption Expenditures (PCE) price index data. Among individual stocks, companies such as HCL Technologies, Tech Mahindra, Infosys, Asian Paints, NTPC, Sun Pharmaceutical Industries, Mahindra & Mahindra, and Tata Consultancy Services experienced the most significant losses, with declines ranging between 1% and 2%. The Sensex recorded its second consecutive weekly loss, down by 0.3%, yet managed to achieve a third consecutive monthly gain of 1.5%.
