Stock markets in India traded the week on a negative note as a slew of negative developments, especially the outbreak of the coronavirus in China and concerns over its potential contagion, sparked the risk-off sentiment in investors across the globe. The negative sentiment gained further momentum after India reported its first case of the novel coronavirus in Kerala. The expiry of the January 2020 futures & options contracts added to market volatility. For the month of January 2020, Foreign Portfolio Investors (FPIs) have net sold Indian equities worth Rs 5,359 crore. Domestic Institutional Investor (DII) activity, on the other hand, was biased towards the positive side with DIIs net buying India equities worth Rs 1,073 crore, in the same period. For the period January 24 to 30, 2020, FPIs have net sold Indian equities worth Rs 3,113 crore and DIIs have net bought Indian equities worth Rs 2,953 crore.