The Indian equity market's recent rally ran out of steam on Friday, with benchmark indices ending sharply lower and breaking a five-session winning streak. Selling pressure in IT stocks, weak global cues, and other concerns weighed on sentiment.
The Sensex dropped 607 points to settle at 76,802.90, while the Nifty50 fell 155 points to close at 24,013.10. The decline came after both indices had surged as much as 5% over the previous five trading sessions. Here are five key factors that could shape market sentiment in the days ahead.