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 361 points, or 0.4%, at 81,921, while the Nifty gained 104 points to reach 25,041.
The combined market valuation of eight of the top-10 most valued firms eroded by Rs 2,01,699.77 crore last week.
At close, the Sensex was down 151.48 points or 0.18% at 82,201.16, and the Nifty was down 53.60 points or 0.21% at 25,145.10.
The indices, however, recovered most of their losses during the session, thanks to gains in shares of Reliance Industries, Hindustan Unilever, and Asian Paints.
Indian equity indices closed flat on Tuesday amid mixed global signals and the absence of significant new catalysts.
