Indices log worst week in four months
The benchmark indices, Sensex and Nifty, recorded their worst weekly loss in four months, declining by up to 2.51% due to geopolitical tensions, mixed Q3 corporate earnings, and rupee depreciation. The broader indices, BSE Midcap and BSE Smallcap, fell by 4.2% and 5.8%, respectively, with the BSE Smallcap seeing its steepest decline in eleven months.