On Friday, Indian stock markets faced a decline, with the NSE Nifty 50 dropping 0.2% to close at 23,366.70 and the BSE Sensex also down 0.2% to 74,243.34. This marks the second consecutive week of losses for both indices, which have fallen up to 0.8% this week alone. Analysts attribute the downturn to a lack of market triggers following the Reserve Bank of India's (RBI) Monetary Policy announcement, which met expectations but did not stimulate investor confidence. Foreign portfolio investors were significant net sellers, offloading shares worth ₹8,776.25 crore on Friday, contributing to a total of ₹25,831.5 crore in sales for June. Conversely, domestic institutional investors were active buyers, purchasing shares worth ₹9,133.57 crore. The market volatility is expected to continue, with analysts predicting the Nifty may trade within a range of 23,150 to 23,700 in the near term, facing resistance at the upper end of this band. The India VIX index, reflecting market volatility, dipped slightly, indicating a mild reduction in risk perception among investors. Overall, market sentiment remains cautious as large-cap stocks experience pressure from ongoing foreign selling.