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 4.40 points or 0.01% at 82,555.44, and the Nifty was up 1.10 points at 25,279.80.
GIFT Nifty recorded all-time high monthly turnover of $100.13 billion in August, setting a new benchmark to the growth story of Indian equity market.
At close, the Sensex was up 194.07 points or 0.24% at 82,559.84, and the Nifty was up 42.80 points or 0.17% at 25,278.70.
Indian equity indices witnessed a stellar rally this week. Due to strong domestic and global cues, Nifty and Sensex posted around 1.6 per cent gains between August 26 and August 30.
Benchmark indices closed higher for the day with auto, banking, pharma, and mid- and small-cap healthcare sectors performing well.
