The Indian stock markets concluded the week on a subdued note, as investors grappled with global uncertainties and awaited key domestic developments.
The benchmark indices experienced volatility, with the Sensex and Nifty oscillating within a narrow range before closing marginally lower. The Nifty settled at 24,853.15, while the Sensex ended at 81,721.08, reflecting cautious investor sentiment.
According to market watchers, the muted performance was driven by a combination of global and domestic factors.
“On the global front, rising US bond yields and concerns over the United States' mounting debt burden triggered foreign portfolio outflows, putting pressure on emerging markets, including India,” said Ajit Mishra, SVP, Research, Religare Broking Ltd.