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Indian equities end lower as holiday week sees IT and auto stocks under pressure
Indian stock markets closed lower on Friday as IT and auto sector weakness, low holiday volumes, and expiry-related pressure pushed Sensex and Nifty modestly into the red.
Trading on Friday concluded on a subdued note as Indian benchmark indices closed lower amid thin volumes and limited fresh cues during the holiday-shortened week. The BSE Sensex settled at 85,041.45, down 367.25 points or 0.43 percent, while the NSE Nifty50 declined 99.80 points to finish at 26,042.30. Selling pressure was most visible in IT and auto stocks, which weighed on overall sentiment alongside the monthly Sensex expiry. Broader markets also mirrored the weakness, with the Nifty Midcap 100 and Smallcap 100 indices ending marginally in the red despite select buying in metal stocks.