This week, the Indian benchmark indices have displayed resilience, indicating cautious investor sentiment due to a slower pace of expected rate cuts and ongoing inflationary pressures.

Despite an increase in foreign institutional buying, there has been a significant sell-off from foreign investors, suggesting a volatile trading environment.

Ruchit Jain, Vice President of Technical Research at Motilal Oswal, has commented on the impact of geopolitical tensions on trader behavior.

While the easing of tensions may bring some relief, the broader market is expected to continue consolidating within a defined range as investors remain watchful.

As the week progresses, the focus will be on key macroeconomic data releases, which could further influence market sentiment and investment strategies.