Fri Nov 07 04:40:00 UTC 2025: Okay, here’s a news article summarizing the provided text:
Indian Stocks Fall for Third Day as Profit Booking Bites
Mumbai, India – Indian stock markets closed lower on Friday, marking a third consecutive day of losses for the Sensex and Nifty indices. Investors engaged in profit booking after a strong rally in October, leading to a general downturn.
“Persistent foreign fund outflows, a cautious global outlook, and short-covering pressure have all contributed to the negative sentiment, offsetting positive news regarding strong corporate earnings and potential progress in India-U.S. trade negotiations,” explained Anand James, Chief Market Strategist at Geojit Investments.
The decline comes despite some underlying optimism in the market, suggesting that external factors and profit-taking are currently dominating trading activity. The dollar also hit a three-month high, pressuring markets. Investors are watching for signals of future direction amid mixed economic indicators and global uncertainty.
First Piper 