New Delhi, Aug. 23 -- Indian equity markets concluded the week on a cautious footing, extending their recent corrective trend as elevated crude oil prices, rising global bond yields and continued geopolitical uncertainty dampened investor sentiment. Volatility remained high, with benchmark indices staging a recovery during the week before ending Friday largely unchanged as investors continued to monitor the evolving global risk landscape.

For the week, the Nifty declined around 0.47% to close at 24,252, while the Sensex slipped nearly 0.60% to settle at 77,540.83. Meanwhile, broader markets displayed relative resilience, with the SmallCap index advancing around 1.2%, while the MidCap index ended marginally lower.

Nifty 50 ended marginal...