Indian equity benchmarks ended flat with negative bias on Friday as relentless foreign fund outflows and weak trends in global markets hit investors' sentiment. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,263.21 crore on Thursday, according to exchange data.

Some of the important factors in trade:

FTA between India and New Zealand to be finalised soon: Expressing hopes that the free trade agreement (FTA) with New Zealand will be finalised soon, Commerce and Industry Minister Piyush Goyal has said that talks are progressing fast between India and New Zealand.

Housing prices to appreciate 5-10% annually over next few years: A joint report by Industry body Confederation of Indian Industry (CII) and property consultant Colliers India has said that Housing prices are likely to appreciate 5-10 per cent annually over the next few years on better demand. 

Finance Minister urges lenders to boost credit flow: Finance Minister Nirmala Sitharaman urged lenders to deepen and widen credit flow to the industry, exuding confidence that GST rate cut-driven demand would unleash a virtuous investment cycle.

Auto stocks in watch: Federation of Automobile Dealers Associations (FADA) has said that automobile retail sales across the domestic market witnessed a 21 per cent year-on-year increase in the 42-day festive season led by record registrations of passenger vehicles and two-wheelers aided by GST rejig enabled drop in prices across segments. 

Global front: European markets were trading lower amid persisting concerns about overvaluation in AI-related stocks and uncertainty over the Federal Reserve's next policy move. Asian markets settled mostly down as U.S. private-sector job reports signaled weakness in the country's labor market and customs data showed Chinese exports unexpectedly fell in October after months of frontloading U.S. orders to beat President Donald Trump's tariffs.

Finally, the BSE Sensex fell 94.73 points or 0.11% to 83,216.28 and the CNX Nifty was down by 17.40 points or 0.07% to 25,492.30. 

The BSE Sensex touched high and low of 83,390.11 and 82,670.95 respectively. There were 15 stocks advancing against 15 stocks declining on the index.   

The broader indices ended mixed; the BSE Mid cap index rose 0.25%, while Small cap index was down by 0.01%.

The top gaining sectoral indices on the BSE were Metal up by 1.41%, Basic Materials up by 0.65%, Auto up by 0.55%, PSU up by 0.50% and Bankex up by 0.31%, while TECK down by 1.46%, Telecom down by 1.19%, Power down by 0.52%, FMCG down by 0.45% and Consumer Durables down by 0.44% were the top losing indices on BSE.

The top gainers on the Sensex were Bajaj Finance up by 2.40%, Tata Steel up by 2.37%, Mahindra & Mahindra up by 2.03%, Bajaj Finserv up by 1.96% and ICICI Bank up by 1.69%. On the flip side, Bharti Airtel down by 4.46%, Tech Mahindra down by 1.91%, Reliance Industries down by 1.17%, Trent down by 1.15% and HCL Technologies down by 0.92% were the top losers.

Meanwhile, a joint report by Industry body Confederation of Indian Industry (CII) and property consultant Colliers India has said that Housing prices are likely to appreciate 5-10 per cent annually over the next few years on better demand. The report projected that annual sales could jump from 3-4 lakh units currently to 10 lakh units by 2047.

It stated annual sales can potentially double and reach 1 million housing units by 2047, driven by rising income levels, demographic shifts and progressive housing policies. Furthermore, driven by rising incomes, urban migration, and premium housing demand, average property prices are projected to grow at 5-10 per cent annually over the next few years. The report also projected that the Indian real estate market size would surge from $0.3 trillion in 2025 to $5-10 trillion by 2047.

Harleen Kaur, Deputy Secretary, Ministry of Road Transport and Highways said ‘India's infrastructure expansion is reshaping the real estate landscape, unlocking new growth corridors and transforming Tier II & III cities. As we march towards a multi-trillion-dollar economy, the demand for world-class built structures, integrated logistics hubs and resilient mobility solutions, including transit-oriented development (TOD) systems, will become more prominent.’

She noted that the real estate and infrastructure are two vital sectors which will reinforce each other. Stated ‘Expressways and industrial corridors will increasingly enhance connectivity - transforming land usage in catchment areas, accelerating urban development, and creating commercially viable economic hotspots.’

CNX Nifty touched high and low of 25,551.25 and 25,318.45 respectively. There were 30 stocks advancing against 20 stocks declining on the index.    

The top gainers on Nifty were Shriram Finance up by 3.81%, Bajaj Finance up by 2.66%, Adani Enterprises up by 2.61%, Tata Steel up by 2.39% and Bajaj Finserv up by 2.27%. On the flip side, Bharti Airtel down by 4.46%, Tata Consumer Product down by 1.97%, Tech Mahindra down by 1.87%, Apollo Hospital down by 1.80% and Interglobe Aviation down by 1.55% were the top losers.

European markets were trading lower; UK’s FTSE 100 decreased 50.73 points or 0.52% to 9,685.05, France’s CAC fell 24.87 points or 0.31% to 7,939.90 and Germany’s DAX lost 129.72 points or 0.55% to 23,604.30.