Benchmark indices Sensex and Nifty are headed into a crucial week as investors brace for a heavy earnings calendar, monitor escalating tensions in the Middle East after the United States and Iran resumed attacks on each other, and track the trajectory of crude oil prices.
Despite the uncertainty, Indian equities ended the week on a strong note. The Sensex and Nifty gained more than 1% each on Friday, extending their rally for a second straight session. Meanwhile, India VIX, the market's fear gauge, declined another 8% to 12.33, signalling easing volatility expectations.
