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 584.81 points or 0.72% at 81,634.81, and the Nifty was up 217.40 points or 0.88% at 25,013.20.
At close, the Sensex was down 638.45 points or 0.78% at 81,050, and the Nifty was down 218.80 points or 0.87% at 24,795.80.
Sensex ended 808.65 points or 0.98% lower at 81,688.45 while the broader Nifty fell 200.25 points or 0.8% to 25,049.85.
The decline was driven by escalating Middle East tensions, SEBI's tightening grip on F&O trading, and a surging Chinese market luring away foreign investors.
At close, the Sensex was down 33.49 points or 0.04% at 84,266.29, and the Nifty was down 13.95 points or 0.05% at 25,796.90.