Mumbai, Nov 8
Indian equity benchmarks continued their decline for the second week, due to ongoing selling by the foreign institutional investors (FIIs) despite indications of a strengthening domestic economy.
Benchmark indices Nifty and Sensex dipped 0.71 and 1.65 per cent during the week to close at 25,492 and 83,216, respectively.
Fading expectations of a Fed rate cut also contributed to cautious investor sentiment amid mixed global cues and sectoral weakness in IT and metals led to the decline