Weekly Market Wrap: Investors lose ₹13 lakh crore as NIFTY50, SENSEX falls 2.5%, Nifty Smallcap 100 sinks 3%; RIL, Trent top laggards

On Friday, the Indian equity market ended lower for the fifth consecutive session amid weakness in realty, auto and consumer durables stocks.

The NSE-listed companies erased market capitalisation (mcap) of nearly ₹13.46 lakh crore during the week.

The market sentiment was badly shaken after US President Donald Trump backed a sanctions bill that could impose 500% tariffs on countries buying Russian oil, giving the White House leverage against countries like China and India to stop them from purchasing cheap oil from Moscow.

Losses in heavyweight stocks such as Reliance Industries (RIL), Adani Enterprises and HDFC Bank further dragged the benchmark indices during the week.

Weekly top gainers & losers

On the NIFTY50 index, Trent emerged as the top laggard of the week, declining 9.9%. Reliance Industries and HDFC Bank followed with losses of 7.3% and 6.3%, respectively. Adani Enterprises slipped 5.5%, while IndiGo operator InterGlobe Aviation tumbled 5.1%.

On the flip side, Asian Paints led the gainers’ pack with a rise of 1.4%, followed by ONGC (1.2%), HCL Technologies (0.9%), Bharat Electronics (0.7%) and Cipla (0.4%).

Sectoral watch this week

Among sectors, the Nifty Oil & Gas index was the biggest laggard, sliding 5.8%, followed by Nifty Metal, which fell 2.9%. Nifty Realty and Nifty Media declined 2.8% and 2.6%, respectively, while the Nifty Auto index ended the week 2.5% lower.

Within the oil & gas index, HPCL (-9.5%), Reliance Industries (-7.3%), Mahanagar Gas (-7.3%), BPCL (-7.2%), and GAIL India (-6.3%) emerged as the top weekly losers.

The Nifty India Defence (1.3%) and Nifty Consumer Durables (1%) were the only gainers by the end of the week.

How the broader market performed

During the week, the Nifty Smallcap 100 fell sharply by 3.1%, underperforming the broader market, while the Nifty Midcap 100 dipped 2.6%.

On the Nifty Smallcap 100, Jupiter Wagons (-13.2%), Inox Wind (-11.1%), NBCC India (-11%), Singnatureglobal India (-10.6%), and Devyani International (-10.1%) emerged as the top laggards.

In contrast, Cyient (4.8%), The Ramco Cements (3.5%), IEX (3%), CreditAccess Grameen (2.9%), Aegis Logistics (2.3%) and Anand Rathi Wealth (2.1%) were the main gainers on the index.

On the Nifty Midcap 100, Premier Energies (-15.2%), Mahindra & Mahindra Financial Services (-13.5%), Waaree Energies (-11.2%), HPCL (-9.5%) and Suzlon Energy (-9.4%) were the main losers.

Meanwhile, Tata Elxsi (6.6%), NALCO (5.4%), Alkem Laboratories (3.7%), Lupin (3.7%), and Union Bank of India (3.5%) took the lead among the gainers’ pack.