Indian equity benchmarks posted their sixth consecutive weekly loss as persistent FII selling and concerns over prolonged high rates weighed on sentiment. Nifty fell 0.22 per cent, while Sensex declined 0.65 per cent during the week despite Friday gains.
Foreign institutional investors turned net sellers again, offloading Rs 2,080 crore during the week, while domestic institutional investors bought Rs 11,100 crore. Benchmark indices extended gains for a third straight week amid easing geopolitical tensions and softer crude oil prices.
Indian equity markets fell wiping Rs 1.25 lakh crore from top-10 firms Reliance Industries led losses amid FII selling weak sentiment and monsoon concerns Banks like HDFC Bank ICICI Bank and SBI gained despite broader market decline and volatility pressure
