Indian shares failed to hold on to its opening gains and ended Friday’s trading session in the red, weighed down by losses in information technology and automobile stocks. The 30-share benchmark BSE Sensex declined 192 points to 77,415, while the broader 50-share NSE Nifty fell 73 points to 23,519. Banking gauge, the Nifty Bank slipped 11 points to 51,565, and the Nifty Midcap index dropped 167 points to 51,672.

#MarketThisWeek | 29 #Nifty stocks give positive returns this week#BajajFinserv, #Grasim, #UltraTech, #KotakBank top Nifty gainers#Zomato, #IndusInd, #Cipla, M&M, Dr Reddy’s top Nifty losers

Here’ more???? pic.twitter.com/eJYBquzBbh

— CNBC-TV18 (@CNBCTV18Live) March 28, 2025

Most sectoral indices also traded lower as market sentiment was dented following the National Stock Exchange’s (NSE) decision to postpone changes to the expiry day for derivatives contracts.

Top gainers and losers today

Among the Nifty 50 constituents, 29 stocks delivered positive returns this week. The top gainers included Bajaj Finserv, Grasim Industries, UltraTech Cement, and Kotak Mahindra Bank, while Zomato, IndusInd Bank, Cipla, Mahindra & Mahindra, and Dr. Reddy’s Laboratories were the biggest losers.

The NSE had planned to shift the expiry day for derivatives contracts from Thursday to Monday. However, after the Securities and Exchange Board of India (SEBI) intervened late Thursday, the exchange was directed to retain either Tuesday or Thursday as the expiry day.

Weekly performance

Despite Friday’s losses, the market posted gains for the second consecutive week, led by strength in information technology and financial stocks. Sensex and Nifty rose 1% each, Nifty IT gained over 2%, and Nifty Bank advanced nearly 2%, while the Midcap Index remained flat for the week.

Market Wrap FY25: Sensex, Nifty deliver 5% gains

Indices closed FY25 on a positive note for the second consecutive financial year, with the Sensex and Nifty rising over 5% each. Among the major indices, Nifty Bank emerged as the top performer, delivering a 10% gain. The broader market also performed well—Midcap and Small Cap indices rose 7% and over 5%, respectively. Nifty Financial Services led the sectoral pack, surging 19% over the year. Metal and Pharma indices also posted double-digit gains, rising 10-11%.

On the flip side, PSU Banks, Energy, and Media were the worst-performing sectors, declining 11-18%. Out of the 50 Nifty stocks, 27 delivered positive returns, with 16 stocks gaining 10% or more. However, 3 stocks saw a drop of over 10%, with Nestle, Bajaj Auto, and Adani Ports leading the list of top losers. In the broader market, Mazagon Dock and BSE Ltd. stood out, doubling investors’ money during FY25. Paytm, Vedanta, Hindustan Zinc, and Firstsource emerged as the top midcap gainers.

INR vs US Dollar

The Indian rupee strengthened by 32 paise, ending at 85.46 per US dollar, compared to Thursday’s close of 85.78.

#RupeeAtClose | #Rupee ends at 85.47/$ against Thursday’s close of 85.78/$ pic.twitter.com/jwxc261Phm

— CNBC-TV18 (@CNBCTV18Live) March 28, 2025

Asian markets closing today

Most Asian markets ended lower on Friday as concerns over new US tariffs on automobile imports weighed on investor sentiment. Japan’s Nikkei 225 fell 1.8%, marking its second straight session of losses.

South Korea’s Kospi dropped 1.9% as investors feared the impact of US tariffs on automobile exports, while Hong Kong’s Hang Seng declined 0.8% as traders awaited further clarity on potential tariff reductions on China.

South Korean equities were particularly hit due to the country’s heavy reliance on automobile exports to the US, which account for 14% of its total exports. Meanwhile, in Japan, major automakers also faced selling pressure amid rising concerns about trade tensions.