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.
Indian equities remained under pressure through the week, with the Nifty extending its losing streak to four weeks as surging crude oil prices and U.S.-Iran hostilities weighed on sentiment. Strong GDP growth and GST collections failed to offset geopolitical concerns.