Indian stock market indices Sensex and Nifty ended the week in the red. The BSE benchmark slumped 516 points to settle at 77,328.19 while the NSE Nifty closed at 24,176.15 after shedding 150 points.
Quick commerce and food delivery giant Swiggy shrunk its consolidated net loss to ₹800 crore for the fourth quarter from last year’s ₹1,081 crore loss.
The company, which also owns Instamart, saw its quarterly revenue jump by 45 per cent year-on-year to ₹6,383 crore, from ₹4,410 crore in Q4 FY2025.
But the topline gains were offset by total expenses ballooning to ₹7,448 crore in the three-month period from ₹5,610 crore a year ago.
On the broader markets, renewed geopolitical tensions in West Asia weighed on investor sentiment, triggering foreign fund outflows.
Intraday, the Sensex tumbled to as low as 77,146.43 after shedding 698 points. Brent crude was trading around $100 per barrel.
SBI misses, slumps
Among the 30-pack, State Bank of India saw its stock slide 6.62 per cent following lower-than-expected quarterly earnings. SBI posted a 6 per cent rise in Q4 standalone net profit to ₹19,684 crore. According to Reuters, the street estimate was around ₹20,312 crore.
Other major laggards were HDFC Bank, Bajaj Finance, Axis Bank, UltraTech Cement, and Mahindra & Mahindra.
Titan shares jumped by 4.76 per cent after it posted a 35 per cent jump in consolidated Q4 net profit to ₹1,179 crore. Other gainers were Asian Paints, Adani Ports, Infosys, and HCL Tech.
When markets closed on Friday, the Sensex was down by 0.53 per cent and the Nifty by 0.17 per cent over the course of the week.
