Synopsis : Indian markets traded lower on Friday as investor optimism over strong FPI inflows and domestic growth was tempered by caution ahead of the GDP data. IT stocks led the losses, while Suzlon and Sobha posted strong earnings-led gains.
Stock Market LIVE: Benchmark Indices Dip as IT Stocks Drag, Suzlon and Sobha Rally on Strong Q4
Indian equity markets remained under pressure on Friday, as traders awaited key GDP figures and navigated mixed global cues. Despite strong FPI inflows and optimism over India’s growth outlook, the Sensex fell over 200 points to trade near 81,450, while the Nifty50 tested the 24,750 mark.
Tech majors dragged the indices lower, with losses in Infosys, Tech Mahindra, HCL Tech, and TCS. On the other hand, select stocks like Suzlon Energy and Sobha Ltd surged following robust quarterly results.
Market Highlights
Sensex down over 200 points
Nifty 50 hovers around 24,750
IT stocks under pressure, dragging benchmarks lower
GDP data awaited, keeping sentiment cautious
Key Movers
Ola Electric plunged 10% after its Q4 loss doubled YoY to ₹870 crore; revenues tumbled nearly 60%.
Suzlon Energy surged 13% after its Q4 net profit jumped 365% YoY to ₹1,180.98 crore.
Mazagon Dock fell 8% after a 51% drop in Q4 profit to ₹311 crore.
Sobha Ltd rallied 7%, with Q4 PAT rising six-fold to ₹41 crore on strong demand.
Sectoral & Stock Watch
IT sector led losses, with selling seen in Infosys, Tech Mahindra, TCS, HCL Tech
Gainers included L&T, Adani Ports, Eternal, Nestle India, Sun Pharma, Maruti
Broader markets saw stock-specific action amid earnings season volatility
Global Market Snapshot
Wall Street ended higher led by Nvidia, even as Trump tariffs were reinstated by a US appeals court
Gold remained flat, awaiting US inflation data
Oil prices edged lower for the week amid OPEC+ concerns and tariff-related legal battles
Disclaimer : This article is intended for informational purposes only and should not be construed as investment advice. Readers are advised to consult certified financial advisors before making any investment decisions.
