Sensex falls over 140 points; Nifty defends 17,500
The Hindu
SBI was the top loser in the Sensex pack.
Falling the second consecutive session, equity benchmark Sensex dropped over 140 points on Friday, tracking weakness in banking and energy stocks amid a mixed trend overseas.
Investors also remained concerned over persistent foreign fund outflows, traders said.
The 30-share BSE index ended 143.20 points or 0.24 % lower at 58,644.82. Similarly, the NSE Nifty shed 43.90 points or 0.25 % to close at 17,516.30.

The latest Household Consumption Expenditure Survey (HCES) by MoS&PI reveals a transformative shift in India’s economic landscape. For the first time in over a decade, granular data on Monthly Per Capita Expenditure (MPCE) highlights a significant decline in the proportional share of food spending—a classic validation of Engel’s Law as real incomes rise. Between 1999 and 2024, both rural and urban consumption pivoted away from staple-heavy diets toward protein-rich foods, health, education, and conveyance. As Indian households move beyond subsistence, these shifting Indian household spending patterns offer vital insights for social sector policy, poverty estimation, and the lived realities of an expanding middle-income population.












