NIFTY50, SENSEX Decline; Ola Electric, Castrol India Rally

Indian benchmark indices, NIFTY50 and SENSEX, saw declines during Friday's afternoon session, with NIFTY50 closing below 26,050 and SENSEX falling approximately 384 points. Meanwhile, Ola Electric and Castrol India were among the top buzzing stocks, registering significant gains.

• NIFTY50 closed at 26,058.20, below the 26,050 support level.
• SENSEX dropped approximately 384 points, reaching an intraday low of 85,020.97.
• Ola Electric shares surged over 5% on a ₹366.78 crore PLI incentive.
• Castrol India gained nearly 5% due to an open offer for a 26% stake.
• Indian markets experienced a cautious session amid mixed global cues and year-end trading.
• Foreign institutional investors continued selling, while domestic institutional investors bought shares.

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