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.
Sensex opened at 75,585.40, and finally closed with a loss of 220 points, or 0.29 per cent, at 75,170.45.
FPIs have offloaded Indian equities worth more than Rs 22,000 crore this month so far.
Nifty 50 opened higher at 22,614.10, and sustaining a consistent rally climbed to an all-time high of 22,993.60. However, at close, the Nifty 50 was at 22,967.65, up 369.85 points, or 1.64 per cent.
Sensex closed 53 points, or 0.07%, lower at 73,953.31, while the Nifty 50 ended the day 27 points, or 0.12%, higher at 22,529.05.
Sensex opened higher at 73,711.31, and closed 253.31 points, or 0.34%, at 73,917.03. Nifty 50 opened higher at 22,415.25, and closed up 62.25 points, or 0.28%, at 22,466.10.
