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 the close, the Sensex was down 31.46 points, or 0.04%, at 85,106.81, and the Nifty was down 46.20 points, or 0.18%, at 25,986.00.
At close, the Sensex was down 503.63 points or 0.59% at 85,138.27, and the Nifty was down 143.55 points or 0.55% at 26,032.20.
However, by the close, the Sensex was down 64.77 points, or 0.08 per cent, at 85,641.90, while the Nifty slipped 27.20 points, or 0.10 per cent, to settle at 26,175.75.
The Nifty 50 index opened at 26,237.45, gaining 21.90 points (0.08%), while the BSE Sensex opened at 85,791.55, up 71.17 points (0.08%).
The Stock market on Wednesday snapped three-day losing streak as Nifty finished above 26,200.