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.
The Sensex was down 793.25 points or 1.06 percent at 74,244.90, and the Nifty was down 234.40 points or 1.03 percent at 22,519.40.
Sensex was up 354.45 points, or 0.47%, at 75,038.15, and the Nifty was up 111 points, or 0.49%, at 22,753.80.
The Nifty registered a new record high of 22,768 after a gap-up opening on Tuesday, while the Sensex crossed the 75,000-mark for the first time, he said.
Sensex opened the day at 75,124.28 against its previous close of 74,742.50 and hit its fresh record high of 75,124.28, while the Nifty 50 opened at 22,765.10 against the previous close of 22,666.30 and touched its fresh record high of 22,768.40.
Sensex was up 20.59 points or 0.03% at 74,248.22, and the Nifty was up 10.80 points or 0.05% at 22,525.50.
