Market Wrap: Equities Slide, Rupee Weakens Indian equity markets concluded a challenging week with a **significant drop** during Friday’s trading session. The downturn reflects a broader trend of risk aversion among participants as volatility grips the financial landscape. Currency Under Pressure The forex market remains a primary area of concern. The **Indian Rupee** has breached critical support levels to hit **new record lows**. This depreciation underscores the pressure from foreign capital outflows and shifting global currency dynamics. Sectoral Impact Selling pressure was distinct across major conglomerates. Notably, shares of **Adani Group** companies witnessed a sharp decline, acting as a major drag on overall sentiment. The broader market indices mirrored this negative trend, registering **substantial losses** rather than offering a defensive hedge. Global Headwinds Investor caution is currently being fueled by external factors. Heightened **global uncertainty** and apprehensions regarding potential geopolitical conflicts are driving a flight to safety, keeping market enthusiasm in check.