Global: Due to growing geopolitical tensions and ongoing uncertainty surrounding the US-India trade negotiations, Indian equities indexes ended the week down almost 2.5%, extending their five-session slide.

During the week, indexes were negatively impacted by profit-booking in automobiles, metals, and oil and gas; however, selective purchases in consumer durables, anticipating a rebound in demand, provided a momentary reprieve.

The Nifty ended the week at 25,638 after falling 2.45% and 0.75 percent on the last trading day. The Sensex closed at 83,576 down 604 points, or 0.72 percent. Throughout the week, it decreased by 2.55%.

Analysts claim that the Bank Nifty has developed a black cloud cover candlestick pattern on the weekly chart, signifying selling pressure at higher levels.

According to experts, domestic markets continued to be risk-averse due to worries about possible US trade actions connected to sanctions against Russia. Global headwinds, such as the US-Venezuela dispute, worries about Russian oil imports, China’s limitations on rare earth exports, and ongoing FII withdrawals, caused market sentiment to decline.

Over the course of the week, the Nifty Midcap100 and Nifty Smallcap100 also had declines of 2.64 and 3.08 percent, respectively, in line with benchmark indexes.

Ahead of next week’s announcement of the important Q3 FY26 IT results, investors are watching.

The court is also anticipated to decide on US President Donald Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose sweeping international tariffs, including greater reciprocal levies on major trade partners and a base tax of 10%.

Analysts predict that volatility will continue in the near future, especially for US-exposed businesses and industries including metals, oil, and gas.

They pointed out that markets are generally anticipated to remain range-bound with a mixed bias, preserving a balance between foreign risks and domestic fundamentals.