Mumbai, May 22 -- Indian equity benchmarks ended the week with marginal gains amid high volatility. Sentiment remained range-bound as markets saw sharp intraday swings driven by currency weakness, global uncertainty, and sectoral rotation. Gains were supported by value buying in IT and select large caps, along with dollar-led strength in export-oriented stocks and earnings-driven momentum in pharma. However, upside was capped by weakness in PSU banks and consumer durables, along with persistent FII selling. Overall sentiment remained cautious amid a sharp rupee decline, concerns over possible RBI intervention, elevated crude oil prices, rising US bond yields, and ongoing geopolitical risks.

In the week ended on Friday, 22 May 2025, the S...