India stocks were lower after the close on Friday, as losses in the Fast Moving Consumer Goods, Healthcare and Real Estate sectors led shares lower. At the close in NSE, the Nifty 50 declined 0.14%, while the BSE Sensex 30

The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 25,090 level, a discount of nearly 30 points from the Nifty futures’ previous close.

HSBC sees the recent pullback in Indian equities as an opportunity to add exposure. Despite the elevated valuations, Indian stocks continue to be supported by double-digital earnings growth expectations.

Benchmark indices Sensex and Nifty fall amid global market volatility, with FIIs selling and DII buying influencing Indian markets.

The Sensex and Nifty 50 opened lower on Friday, shaken by foreign institutional investor sell-offs, disappointing Q2 FY25 earnings projections, and escalating geopolitical tensions that undermined investor confidence.

Indian benchmark equity indices BSE Sensex and Nifty 50 opened lower on Friday, tracking overnight weakness on the Wall Street

Within the Nifty index, several prominent companies, including Kotak Bank, JSW Steel, HDFC Bank, and BEL were among the top gainers. On the other hand, CIPLA, Tech Mahindra, Trent, and Infosys were among the top losers.

On the sectoral front, IT index closed down 1%, pharma index down 2% and realty index shed 0.4%, while bank index was up 1%