Market Update at 4:15 PM: On Friday, September 19, Indian equity benchmark indices ended lower, snapping a 3-day winning streak. The Nifty 50 closed down 96.55 points, or 0.38 per cent, at 25,327.05, while the Sensex fell 387.73 points, or 0.47 per cent, to 82,626.23. Profit-booking in financial and IT stocks dragged the indices. India VIX, the market’s volatility indicator, closed below 10 for the first time, hitting a record low of 9.39.

Despite the day’s decline, the Nifty 50 extended gains for the third consecutive week, rising 0.85 per cent. Sectoral performance was mixed, with 5 out of 11 indices closing higher, while Nifty IT fell 0.47 per cent, ending its 3-day positive run. Broader markets remained firm, as the Nifty Midcap 100 added 0.04 per cent and the Smallcap 100 advance

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