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Nifty logs worst weekly decline in two months

Financial Express Ahmedabad

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July 12, 2025

Investors suffer wealth erosion of ₹4.54 lakh crore during the week

- KISHOR KADAM

Anxious investors took risk off the table on Friday, leaving the stock markets in the red for the third consecutive session. While the immediate trigger was the disappointing Q1 performance from IT major TCS, the Street remains concerned about macroeconomic issues including India's trade deal with the US and the impact of high tariffs.

Both benchmark indices yielded ground on Friday, extending their losses for the third straight session. The Sensex declined 689.81 points or 0.83% to close at 82,500.47, while the Nifty fell 205.40 points or 0.81% to end at 25,149.85.

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OUT OF A land holding of about 488,000 hectares, the Indian Railways could identify by March 2023 only 13% as vacant land and managed to award a negligible 0.14% of it to developers, according to a report of the Comptroller and Auditor General of India (CAG) tabled in the Lok Sabha on Thursday.

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