Weekly snapshot: As we stated during the last week, Indian equity indices closed the extremely volatile week with positive note despite the uncertainties related to further stance of policy and reforms from new elected government.

Weekly Fund-Flow Activities: FIIs have sold equities worth of Rs 13718.4 cr in while DIIs have bought equities of Rs 5578.7 cr in cash segment during the week.

Indices Performance: Nifty 50 has closed with a gain of 3.37 percent while Nifty Bank underperformed and closed in green zone with a gain of 1.68 percent.

Macro Data: Monetary policies from Federal Reserve and Bank of Japan, U.K. macro data and inflation readings from major economies like India, China and U.S. are the scheduled macro events for upcoming week.

Weekly Outlook: During the upcoming week, market focus is expected to remain on outcome of monetary policies from major central bankers. The volatility continued to prevail on back of volatile global and domestic cues.