Nifty 50 posts weekly loss, tariff pressures weigh on markets
Indian equities logged a weekly loss, with Nifty 50 falling 1.75% to 24,426, its first decline in three weeks, as Trump tariffs pressured sentiment. Reliance (-2.2%), Infosys (-2%), and M&M (-2.9%) dragged, while FMCG stocks like ITC (+2.2%) and Colgate (+3%) rose on GST cut buzz. Analysts flagged 24,300 as a crucial support; bearish bias persists.