The US president’s unexpected halt on reciprocal tariffs gave investors some respite on the last day of the week. Still, Indian benchmark indexes completed the volatile week ending April 11 with slight losses due to worries over the tariff war.
Nifty50 was down by 75.9 points to settle at 22,828.55, while the BSE Sensex index fell 207.43 points to end the week at 75,157.26. The BSE Large-cap Index decreased 0.2%, the BSE Mid-cap Index declined 0.5%, and the BSE Small-cap index had a slightly lower closing value.
In terms of sectors, the Nifty Realty, Nifty Metal, and Nifty IT indices all saw declines of 4%, 3%, and 1.5%, respectively. Conversely, FMCG and Nifty Consumer Durables both had increases of over 3%.
This week, domestic institutional investors (DII) purchased stocks worth Rs 21,955.62 crore, while foreign institutional investors (FIIs) continued to sell, selling stocks worth Rs 20,911.30 crore.
The Indian rupee ended the week down against the US dollar, dropping 82 paise to 86.05 per dollar on April 11 from its closing of 85.23 on April 4.
