4 days ago

Indian Stocks End Turbulent Week Lower Despite IT Rebound

Indian Stocks End Turbulent Week Lower Despite IT Rebound
Market Rollercoaster: Sensex, Nifty End Turbulent Week Lower Despite Friday Rebound · freepressjournal.in

Indian stock markets had a very bumpy week.

Prices moved up and down each day.

Several things affected investors, including oil prices, tensions between the United States and Iran, and worries about interest rates.

A new market closing process also influenced trading.

The Sensex and Nifty both ended the week lower.

This was their third weekly decline in a row.

Markets suffered their biggest drop of the week on Thursday.

Technology companies helped markets recover on Friday, but not enough to erase the weekly loss.

Key facts

Weekly outcome
The Sensex and Nifty posted their third consecutive weekly decline.
Sensex Friday close
77,264.51, after a gain of 330.92 points.
Nifty Friday close
24,175.65, after a gain of 84.80 points.
Largest daily Sensex move
The Sensex fell 539.35 points on Thursday.
Largest daily Nifty move
The Nifty fell 116.90 points on Thursday.
Friday leaders
TCS, Tech Mahindra and Infosys gained.
Friday laggards
ICICI Bank, Shriram Finance and Asian Paints declined.

Sources

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