Indian markets slip after 3 day rally
Indian stock markets ended lower on Friday halting a three-day winning streak. The Sensex dropped 388 points to close at 82,626 while Nifty 50 settled at 25,327. Sectoral weakness was seen in IT, auto, FMCG, and media, which slipped up to 0.6%. HCL Tech, ICICI Bank, and Trent were top laggards, whereas Adani Enterprises and SBI Life gained.