After buoyant start to 2025, reality check for indices

AFTER RISING 2.3% in the first two days of the calendar year, investors resorted to profit-booking on Friday, leading to a decline of up to 0.90% in the benchmark indices.

- KISHOR KADAM

However, the indices managed to close the week with gains of up to 0.80%, marking the second consecutive weekly rise.

The Sensex opened over 129 points higher but slipped into negative territory and remained there throughout the session, ending the day at 79,223.11, down 720.60 points, or 0.90%. Similarly, the NSE's Nifty fell 183.90 points, or 0.76%, to close at 24,004.75. The benchmark indices had gained 0.47% and 1.83% on Wednesday and Thursday, respectively, driven by demand for auto, IT, and financial sector shares.

"The markets remained volatile throughout the week, with multiple factors influencing investor sentiment."