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Indices snap two-day rally on weak cues
Financial Express Kochi
|November 22, 2025
IN LINE WITH other Asian equity markets, the domestic benchmark indices fell on Friday, snapping a two-day winning streak, as better-than-expected US non-farm payroll data dampened expectations of a December rate cut.
Depreciation of the rupee against the dollar also weighed on investor sentiment, with the dollar—rupee pair breaching the 89 mark for the first time.
After a volatile session, both the Sensex and Nifty declined 0.47% to close at 85,231.92 (-400.76 points) and 26,068.15 (124 points).
However, the indices managed to deliver positive returns for the second consecutive week.
This story is from the November 22, 2025 edition of Financial Express Kochi.
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