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2025.11.0711:35:55UTC+00Sensex Sees 3rd Day of Losses

The BSE Sensex in India experienced a slight decline on Friday, closing at 83,216.3, marking its lowest point since mid-October and the third consecutive day of losses. Persistent foreign capital outflows and global concerns about tech stock valuations were partially balanced by optimism regarding corporate earnings and possible advancements in trade negotiations between India and the United States. US President Donald Trump, on Thursday, expressed positive sentiments about his discussions with Indian Prime Minister Narendra Modi, noting the potential for a visit to India in the near future. Technology and consumer goods stocks were notably underperforming, with Bharti Airtel experiencing the most significant drop of 4.5% following Singtel's sale of a 0.8% stake in the telecom operator valued at $1.2 billion. Additional underperformers included Tech Mahindra, Trent, Reliance Industries, HCL Technologies, and Hindustan Unilever, each falling between 0.9% and nearly 2%. Conversely, companies like Bajaj Finance, Tata Steel, Mahindra & Mahindra, and Bajaj Finserv achieved the highest gains, rising by up to 1.7%. Overall, the index saw a weekly decline of approximately 0.9%.

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