Indian shares set for weekly losses as mixed earnings, foreign outflows weigh

India's Nifty 50 .NSEI, Sensex .BSESN drop 0.3% each on Friday

Benchmarks down 1.9% so far this week as persistent foreign fund outflows, mixed results dampen sentiment; mid- .NIFMDCP100 and small-caps .NIFSMCP100 down 3.5% and 4.8%

Barring metals .NIFTYMET, all major sectors trade lower for the week

Heavyweight financials .NIFTYFIN and IT .NIFTYIT down 1.9% and 1.8%, respectively, for the week; Reliance Industries RELI.NS drops 4.7% after co misses profit view

FPIs offload $3.5 billion worth of shares in January, set for biggest monthly sell-off since August 2025

On the day, IndiGo INGL.NS down 3% as Q3 profit plunges on mass flight cancellations

HG Infra Engineering HGIN.NS slumps 17% after Central Bureau of Investigation and anti-corruption bureau conduct search operations at its corporate office

Metals .NIFTYMET rise 0.6% and 0.4% for the week on firm base metal prices MET/L