Indian stock market, Aug. 30 -- Indian equity markets ended the week on a cautious footing, extending their recent correction amid concerns over global interest-rate trends, geopolitical uncertainties and volatility linked to the introduction of the new Closing Auction Session. While a sharp recovery on Friday, led by strong buying in IT stocks on the back of positive global technology cues, offered some relief, the benchmark indices remained in the red for the third consecutive week.

Over the week, the Nifty slipped around 0.31% to end at 24,175.65, while the Sensex declined nearly 0.36% to close at 77,264.51. The broader market, however, showed greater resilience, with the Midcap and Smallcap indices advancing approximately 0.52% and 0...