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 up 513.45 points or 0.61% at 85,186.47, while the Nifty was up 142.60 points or 0.55% at 26,052.65.
At close, the Sensex was up 388.17 points or 0.46% at 84,950.95, and the Nifty was up 103.40 points or 0.40% at 26,013.45.
The BSE Midcap index slipped by 0.03%, while the Smallcap index rose by 0.06%. For the week, the Sensex and the Nifty 50 rose by 1.6% each, snapping their two-week losing run.
At close, the Sensex was up 12.16 points or 0.01% at 84,478.67, and the Nifty was up 3.35 points or 0.01% at 25,879.15.
The Indian benchmark indices opened in mild red zone on Thursday, amid mixed global cues and persistent selling by foreign…
