Mumbai, Aug. 21 -- Indian equity benchmarks ended the week with significant losses, weighed down by elevated crude oil prices and escalating tensions between the US and Iran. Continued foreign institutional investor (FII) selling, higher US bond yields and a weaker rupee further dampened investor sentiment.

The broader market outperformed the frontline indices during the week, with mid- and small-cap stocks ending marginally higher. With the earnings season largely over, investors are likely to shift their focus towards upcoming economic data, the interest-rate outlook, global cues and stock- and sector-specific developments.

Persistent concerns over the impact of elevated crude oil prices on inflation, corporate margins, dollar inflows...