The Indian equity market reversed the gains made in the first three days of last week, as selling pressure in the final two sessions wiped out earlier advances. The benchmark Nifty50 index witnessed profit booking for the second consecutive session on Friday, giving up the 25,800 mark.

Nifty remained weak throughout the day after failing to sustain above 25,950. Bears took control once the index was unable to move decisively past this level.

After opening on a positive note, the market quickly gave up its early gains and slipped into the red during the mid-session. Fresh weakness emerged in the latter half, dragging Nifty to close near the day's low.

The index ended 155 points lower at 25,722. With this decline, Nifty snapped its four-week winning streak, posting a weekly loss of 0.28%.

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