A 14-session streak of foreign inflows is helping to carry the tape higher this Friday.
After weeks of steady gains, helped by foreign investments and Moody's bumping up India's growth outlook to 7%, markets are set for a dip.
Volatility has been low lately, but this shift could shake up some of the sectors that have enjoyed all the positive momentum.
Bank of Maharashtra and Titan rally
Finance and consumer-focused companies have been riding high, with Bank of Maharashtra and Titan seeing strong growth thanks to inflows and spending.
LIC has also benefited from local investors, while Dr. Reddy's is holding steady as a safe pick when oil prices get unpredictable.
Meanwhile, the rupee staying stable near 94 (thanks in part to Reserve Bank of India (RBI) support) is key, but rising demand from oil refiners might slow down foreign investment going forward.