Indian stocks clawed back from steep early declines but still closed lower on Friday, marking a third straight session of losses for the Sensex and Nifty as investors locked in profits after October’s strong rally. The sell-off, driven by foreign outflows and a cautious global backdrop, was tempered by optimism over corporate earnings and potential progress in India–U.S. trade talks.
The S&P BSE Sensex fell 0.1% to 83,216.28, recovering from a drop of more than 600 points earlier in the session, while the NSE Nifty 50 slipped 0.07% to 25,492.30 after rebounding from losses of nearly 0.7% earlier in the day.
More to come…