Sensex, Nifty post mild gains over hopes of US-Iran deal
The Indian equity markets posted mild gains early on Friday tracking positive global cues, over optimism regarding US-Iran peace negotiations.
The Indian equity markets posted mild gains early on Friday tracking positive global cues, over optimism regarding US-Iran peace negotiations.
At close, the Sensex fell 114.19 points or 0.15 percent to settle at 75,200.85, while the Nifty declined 31.95 points or 0.14 percent at 23,618.00.
Dalal Street witnessed heavy selling pressure in early trade as rising crude oil prices, weak Asian markets and geopolitical worries dragged benchmark indices sharply lower.
The bloodbath on Dalal Street on Tuesday continued with the benchmark indices, the BSE Sensex and the Nifty 50, declined for the fourth consecutive session amid mixed global cues.
The Indian equity benchmarks posted notable gains during the week over easing crude prices, a firmer rupee and softer 10-year bond yields despite lingering geopolitical tensions.
The BSE Midcap index ended with modest gains of 0.05%, while the Smallcap index fell 0.28%.
At close, the Sensex was down 533.50 points or 0.63% at 84,679.86, and the Nifty was down 167.20 points or 0.64% at 25,860.10.
At the close, the Sensex was down 54.30 points, or 0.06 per cent, at 85,213.36, while the Nifty declined 19.65 points, or 0.08 per cent, to settle at 26,027.30.
The overall market capitalisation of BSE-listed firms rose to over Rs 470 lakh crore from Rs 466.6 lakh crore in the previous session.
At the close, the Sensex rose 426.86 points, or 0.51%, at 84,818.13, while the Nifty was up 140.55 points, or 0.55%, at 25,898.55.