Market logs weekly losses; snaps four-week winning run
Mumbai, July 10 -- Domestic benchmarks posted weekly losses, snapping four week gaining streak amid renewed geopolitical tensions in West Asia. The indices started the week on a strong note but came under pressure over the next two trading sessions as geopolitical concerns resurfaced. However, the market rebounded in the latter half of the week, with the benchmark indices ending Friday on a positive note. The broader market outperformed the frontline indices throughout the week. Going forward, investors will closely monitor the Q1 FY27 earnings season and management commentary for cues on the business outlook for FY27 developments in the US-Iran conflict, and the progress of the monsoon for further market cues.
In the week ended on Frida...
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