Indian equity benchmarks ended an eight-week losing run in the week finished on 9 October. A Moneycontrol review published the following morning described a volatile recovery as gains in several sectors offset earlier weakness.
Technology shares helped the late-week rebound, while overseas investor selling, expensive crude oil and rising global bond yields remained concerns. The RBI’s move towards tighter monetary policy was another influence on trading. Domestic institutional buying provided support during the week.
The currency moved in the opposite direction: the rupee weakened over the week and ended at 96.73 per US dollar. This is a review of completed trading through Friday, 9 October. It does not report a new Saturday market close or provide live prices.