Indian equity markets continued their upward momentum for the second consecutive week, with the Nifty scaling a fresh record high amid sustained domestic buying. Strong inflows from Domestic Institutional Investors (DIIs) remained a key support for the rally, even as global cues stayed mixed and the rupee weakened against major currencies.
During the week, DIIs bought equities worth Rs 17,766.57 crore, helping offset intermittent foreign investor selling and keeping market sentiment buoyant. The steady domestic participation reflected confidence in IndiaтАЩs growth outlook and earnings prospects, particularly in select large-cap and sector leaders.
While equities advanced, the rupee came under pressure, weighed down by global dollar strength, crude oil price movements, and cautious risk sentiment in international markets. Currency weakness, however, did little to dent equity optimism, as investors focused on strong domestic liquidity and improving market breadth.
Overall, the marketтАЩs ability to notch fresh highs despite currency pressure highlights the resilience of domestic flows and suggests that near-term direction will continue to be driven by earnings, liquidity, and stock-specific triggers rather than global volatility alone.
