Tariff Tremors Shake D-Street: Freaky Friday for Markets!
Markets took a sharp hit on Friday as tariff fears and slowing growth rattled investor sentiment.
- Sensex & Nifty tumbled over 1%, capping off a volatile week.
- The advance-decline ratio stood at a weak 1:3, indicating broad-based selling.
- Nifty Metal led the fall with a steep 6% cut, while all sectoral indices ended deep in the red.
- Broader markets underperformed, with midcaps and smallcaps down 2% for the week.
Market Wrap (This Week):
- Nifty & Sensex: Down over 2.5%
- All sectors: Closed in the red
- Nifty IT: Top sectoral loser
- Bank Nifty: Ended flat to mildly negative
- Midcap & Smallcap indices: Down 2%
📺 Catch Lovisha Darad in conversation with Jay Thakkar, Head of Derivatives and Quant Research at ICICI Securities, for expert insights on the week’s action and what’s ahead for the markets.
