Market wrap: TCS, SBI, M&M, Trent among top gainers and losers on Nifty and Sensex on Friday

Indian equities ended lower as the Closing Auction Session continued creating divergence between Sensex and Nifty. Banking and financial stocks dragged benchmarks, while auto and IT outperformed. Analysts said Niftys 24,500 support remains crucial despite easing momentum and continued profit booking.

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