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.
Nifty fell for the third consecutive session, shedding 261 points (1.05 per cent) to close at 24,683, while the BSE Sensex dropped 873 points (1.06 per cent) to 81,186.
The Indian stock market on Monday extended its losses for the second consecutive session, with the Sensex slipping over 250 points and the Nifty falling below the 25,000 mark.
At close, Sensex was down 200.15 points or 0.24 per cent at 82,330.59, and the Nifty was down 42.30 points or 0.17 per cent at 25,019.80.
The stock market surged midday on strong buying interest on Thursday, with Nifty surpassing the 25,000 level for the first time since October 17, 2024.
Benchmark indices failed to build on the opening gains to end marginally higher on Wednesday in the highly volatile market.
