India, March 13 -- Indian equity benchmarks ended the week with sharp losses, as sustained selling pressure and weak global cues weighed on market sentiment. Investor confidence remained fragile amid escalating geopolitical tensions in the Middle East and concerns over the global growth outlook. On the domestic front, retail inflation edged higher in February, driven largely by a rise in food prices, adding to the cautious undertone in the market. However, India's foreign exchange reserves rose to a record high, providing some macroeconomic comfort. Despite a brief relief rally during the week, the broader market trend remained weak, with volatility persisting and heavy selling pressure intensifying in the final trading session.
In the we...
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