Sensex and Nifty decline as investors lock in weekly profits

Indian equity benchmarks ended last week on a weak note as investors booked profits following earlier gains. The BSE Sensex slipped 0.9%, closing at 83,216, while the NSE Nifty 50 posted a similar decline amid weakness in IT and consumer stocks. Market breadth remained negative, with selling pressure in large-cap counters and muted global cues dampening sentiment. 

Analysts said upcoming macroeconomic data and foreign fund inflows will determine the near-term direction as markets consolidate after recent record highs.