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 721 points, or 0.88%, at 81,463.09, while the Nifty 50 settled 225 points, or 0.90%, lower at 24,837.
During the session, Sensex crashed 679 points, or 0.82%, to an intraday low of 82,047, while the Nifty dropped 0.80% to a day's low of 25,018.70.
At the close, the Sensex rose by 539.83 points, or 0.66%, to end at 82,726.64, while the Nifty 50 gained 159 points, or 0.63%, to settle at 25,219.90.
The stock market on Tuesday ended on a flat note after failing to hold on to early gains. Nifty 50 finished below 25,100 on across-the-board selling.
Stock market on Monday snapped a two-day fall with Nifty closing above 25,000 in a volatile session.
