Indian stock markets, Nifty and Sensex, ended Friday higher. The Reserve Bank of India maintained its policy repo rate at 5.25 percent. Cigarette stocks saw a significant surge following price increases. Global markets retreated, impacted by a Wall Street selloff and AI concerns. Crude oil futures extended losses.
Market rout: 7 of top-10 valued firms see Rs 1.25 lakh crore erosion
The stock continued to remain the most valued listed company in the country despite the decline.