The Indian domestic equity benchmark indices advanced during the past week amid easing of crude oil prices, foreign institutional investors buying and a strengthening rupee, even as global macroeconomic factors continued to influence investors decision.

"In the last week, the benchmark indices bounced back sharply. The Nifty ended 2.6 per cent higher, while the Sensex was up by 2035 points. Among sectors, almost all major sectoral indices registered positive momentum, but the IT and Auto indices outperformed, with IT rising by 6.60 per cent and Auto by 5.60 per cent," Amol Athawale, VP Technical Research, Kotak Securities said.