- The weekly equity report summarizes the performance of the Indian market for the week. Key highlights include the Nifty index falling 0.5% led by declines in auto stocks, while IT and pharma stocks were steady. Inflation rose above 10% and the rupee fell to new lows. - Globally, Asian markets declined due to ongoing concerns about European debt. Commodity prices fell but the decline in the rupee offset benefits for India. - Domestic industrial output growth slowed again while the RBI left policy rates unchanged.