By Sankalp Phartiyal and Ankush Arora
The BSE Sensex ended down 0.7 percent in what was a slow week for Indian shares. The week began with the benchmark index sliding 1.5 percent on Monday as foreign institutional investors (FIIs) continued to sell as part of a slump in emerging markets.
Investor sentiment remained subdued despite a survey on Monday showing that Indian factories started 2014 on a high note, with manufacturing activity growing at its fastest pace in nearly a year as domestic and overseas orders increased.
The remaining four sessions saw the Sensex ending marginally in the green. The benchmark is, however, down 3.7 percent so far this year.
Analysts say FIIs will be cautious while buying Indian shares in the coming weeks, as a general election is due by May.
Consumer inflation data for January due on Wednesday and wholesale inflation data on Friday will be the next key domestic triggers.