Indian equity benchmarks in a volatile session ended lower- with the Nifty50 index still holding on to key 25,000 level. At the close, Nifty50 index settled with a cut of 0.17 per cent or 42.3 points at 25,019.8, while the BSE 30-share index ended lower by 0.24 per cent or 200.15 at 82,330.59.
On a weekly basis, the Nifty and Sensex logged healthy gains of 4 per cent and 3.62 per cent, respectively.
From within the Nifty50 pack, stocks like Bharat Electronics, Bajaj Auto, Tata Consumer Products, Adani Enterprises and Eternal gained, while laggards were Bharti Airte, SBI, HCL Tech, JSW Steel and Infosys.
Sectoral outperformance
Realty, midcap- smallcap financial services led with gains of up to 1 per cent, while IT, healthcare and metal indices lagged.
Defence stocks gain traction amid fresh comments
Amid fresh comments from the Defence Ministry, defence shares saw a new relief rally, with stocks like Paras Defence gaining up to 19 per cent.
European markets
All the key European indices traded higher even as Asian indices traded mixed amid heightened uncertainty.
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