On Friday, Indian equity markets experienced declines with the Sensex falling 116.67 points to 74,243.34 and the Nifty 50 dropping 49.85 points to 23,366.70. This movement followed the Reserve Bank of India's announcement lowering growth projections and raising the inflation outlook, which contributed to cautious investor sentiment. Additionally, ongoing geopolitical uncertainties further influenced market performance. These developments reflect the challenges faced by investors in the current economic environment, highlighting the impact of macroeconomic factors on market indices. Indian equity benchmarks Sensex and Nifty 50 closed lower on Friday due to cautious investor sentiment after the RBI lowered growth projections and raised inflation outlook.