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 7.25 points, or 0.01%, at 80,710.76, while the Nifty gained 6.70 points, or 0.03%, to end at 24,741. Both BSE Midcap and Smallcap indices finished flat.
At close, the Sensex was up 150.30 or 0.19% at 80,718.01 and the Nifty was up 19.25 points or 0.08% at 24,734.30. BSE Midcap and smallcap indices shed 0.6% each.
Indian equity markets opened higher on Thursday, with benchmark indices Sensex and Nifty 50 rallying after the GST Council approved a major overhaul, cutting tax rates on nearly 400 items.
In the opening trade, Sensex rose over 650 points and Nifty traded above the 24,900 level.
At close, Sensex ended with a gain of 410 points, or 0.51%, at 80,567.71, while the Nifty 50 rose 135 points, or 0.55%, to settle at 24,715.05.
