The Indian stock market declined last week, with the Sensex closing down 0.79% and the Nifty down 0.87%. Metals, realty, and FMCG stocks faced selling pressure. Power Grid Corp dropped 11.5% after announcing a secondary share offering. In futures and options, traders bought more index options contracts than stock options. Nifty and Bank Nifty futures are expected to consolidate with support and resistance levels provided. Traders are advised to sell calls at high levels for these indices on Monday.