New Delhi, July 14 -- On Friday, Nifty50 fell 0.81%, closing below 25,200 amid broad-based selling. Weak Q1 earnings from Tata Consultancy Services weighed heavily on the IT sector, dragging the index lower. Renewed global trade tensions, particularly U.S. tariff actions, and concerns over rising oil prices due to potential sanctions on Russia added to market uncertainty. Additionally, increased regulatory scrutiny by SEBI on market practices contributed to cautious investor sentiment, resulting in a sharp decline in both Nifty and Sensex.

Nifty50 index experienced a volatile trading week, declining 1.22% on a weekly basis. This led to the formation of another bearish candle on the weekly chart, continuing the 'lower-high lower-low' pric...