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.
At close, the Sensex was down 275.01 points, or 0.32%, at 84,391.27, while the Nifty declined 81.65 points, or 0.32%, to settle at 25,758.
The mid- and small-cap segments erased losses and ended higher, outperforming the benchmarks. The BSE Midcap index ended 0.60% higher, while the Smallcap index jumped 1.27%.
At close, the Sensex was down 609.68 points or 0.71% at 85,102.69, and the Nifty was down 225.90 points or 0.86% at 25,960.55. BSE midcap index shed 1.7% and smallcap index declined 2.2%.
At close, Sensex ended the day with a healthy gain of 447 points, or 0.52%, at 85,712.37, while the Nifty 50 settled at 26,186.45, up 153 points, or 0.59%.
The Sensex opened on a weak note, declining 156.83 points to 84,949.98, while the Nifty eased 47 points to 25,938.95.
