Analysts advise investors to follow a prudent, stock-specific approach in this market.
India's retail and wholesale inflation data will be released on Wednesday and Friday, respectively.
Global cues were mostly positive on hopes of rate cut, which influenced market mood back home.
A rate cut by RBI and change in policy stance failed to lift investor sentiment on Thursday.
Most rate-sensitive bank, auto and realty stocks were trading in the negative zone.
Market breadth remained negative as 1,453 stocks declined against 1,109 that logged gains.
Barring IT and teck, all other sectoral indices were in the green on BSE.
Crude's weakness bolstered the rupee against the US dollar, which also influenced market mood.
Analysts said one must execute trades with caution in this market.
The coming week is a truncated one as market will be closed on Wednesday for Id-Ul-Fitr.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon