Weekly snapshot: India’s equity indices closed the week with muted note amid the weak sentiments from the global markets.

Weekly Fund-Flow Activities: FIIs have sold equities worth of Rs 12756.2 cr while DIIs have bought equities of Rs 17226.0 cr in cash segment during the week.

Indices Performance: Nifty 50 has closed with a loss of 0.47 percent while Nifty Bank performed inline and closed flat with a gain of 0.11 percent.

Macro Data: Credit policy meeting from Reserve Bank of India, Chinese macro data and Service PMI from major economies are the scheduled macro events for upcoming week.

Weekly Outlook: During the upcoming week, Indian equities expected to remain focused on volatility among the global peers. Outcome of quarterly earnings, both domestic and global, expected to remain path mentor for the global equities during the week.