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 595.19 points or 0.71% at 84,466.51, and the Nifty was up 180.85 points or 0.70% at 25,875.80.
At the close, the Sensex gained 335.97 points, or 0.40%, to settle at 83,871.32, while the Nifty rose 120.6 points, or 0.47%, to end at 25,694.95.
At close, the Sensex was down 94.73 points, or 0.11%, at 83,216.28, and the Nifty shed 17.40 points, or 0.07%, at 25,492.30.
The final hour selling pressure dragged the Nifty below 25,500 before closing near the day's low amid selling across sectors.
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) remained closed on Wednesday on account of Prakash Gurpurb Sri Guru Nanak Dev, also known as Guru Nanak Jayanti.
