Nifty 50 weekly recap shows bearish sentiment
Indian equity markets faced marginal losses for the fourth consecutive week, with Nifty 50 projected to range between 22,800 and 23,500. Auto sector showed resilience with a 2.2% gain, while defence lagged with a 2.4% decline.
after close1 source ↓written by the desknot a recommendation
- projected range
- 22,800–23,500
- led recovery
- +2.2%
- lagged
- -2.4%
- offset FII selling
- ₹30,642 cr
Indian equity markets closed the week with marginal losses, marking the fourth consecutive week of negative performance. Despite a sharp sell-off on Thursday, the Nifty 50 and BSE Sensex ended nearly unchanged, with a projected range of 22,800–23,500.
Key Points:
• Auto sector led recovery with +2.2%
• Defence sector lagged with -2.4%
• Institutional inflows from DIIs at ₹30,642 cr offset FII selling
The ongoing conflict in Iran and hawkish Fed commentary continue to drive market volatility.
Not investment advice. For informational purposes only.