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 256.22 points or 0.31% at 82,445.21, and the Nifty was up 100.15 points or 0.4% at 25,103.20. Nifty Midcap index added 1% and Smallcap index rose 1.2%.
At close, the Sensex was up 746.95 points or 0.92% at 82,188.99, and the Nifty was up 252.15 points or 1.02% at 25,003.05.
Adani Enterprises saw a 1.9 per cent decline, while ACC fell just 0.3 per cent.
At close, Sensex was down 636.24 points or 0.78% at 80,737.51, and the Nifty was down 174.10 points or 0.70% at 24,542.50.
Nifty 50 managed to close above 24,700 supported by buying in FMCG, PSU bank and realty stocks, however, selling in Metal and IT stocks checked the recovery.
