Indian equity benchmarks ended the truncated week with marginal gains, despite persistent selling pressure from Foreign Institutional Investors (FIIs) and weakness in the rupee.
FIIs continued their selling streak, offloading equities worth Rs 4,290.96 crore during the week, reflecting cautious global risk sentiment and concerns around interest rates and currency movements. In contrast, domestic investors helped cushion the impact of foreign outflows, lending support to benchmark indices.
Meanwhile, the Indian rupee weakened, pressured by dollar strength and sustained capital outflows. Market participants remain focused on upcoming global macro cues, including US economic data and central bank commentary, for direction in the near term.
