Sensex, Nifty witness worst week since March 15 amid Iran-Israel conflict

by IANS |



Mumbai, April 19 (IANS) Ending a four-day losing streak, India's benchmark indices closed higher on Friday led by HDFC Bank and Bajaj Finance, among other factors.


The Sensex ended 599 points, or 0.83 per cent, higher at 73,088, while the Nifty closed at 22,147, up 151 points, or 0.7 per cent, on Friday.


However, the benchmark indices posted their worst weekly fall in over a month as worries over the ongoing conflict between Israel and Iran weighed on investor sentiment. The Nifty and the Sensex declined 1.65 per cent and 1.56 per cent, respectively, in the week ended April 19, its worst decline since March 15.


Intraday, the benchmarks declined nearly 1 per cent amid investor concerns that the West Asia turmoil might escalate to a war. During the day, the Nifty slipped as much as 0.99 per cent to 21,777.65, while the Sensex fell 0.93 per cent to 71,816.46 before bouncing back.


HDFC Bank Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, Bajaj Finance Ltd, and Mahindra & Mahindra Ltd added positively to the index, while Larsen & Toubro Ltd, Tata Consultancy Services Ltd, Infosys Ltd, Bajaj Auto Ltd, and HCL Technologies Ltd recorded limited gains in the index.


On the NSE, five sectors ended higher, one settled flat, while six declined, while 11 sectors declined and nine advanced on the BSE.



Latest News
16.7 kg tumour 'hanging like a gunny bag' removed from man's back Thu, May 02, 2024, 04:54 PM
Oversight Board warns against online abuses & deepfakes during global polls Thu, May 02, 2024, 04:53 PM
IPL 2024: The initial feeling wasn't great; doesn't look good, says Fleming on Chahar's injury Thu, May 02, 2024, 04:51 PM
'Congress dhoondo yatra' will be taken out after June 4: Union HM Amit Shah Thu, May 02, 2024, 04:50 PM
Zomato receives GST demand, penalty order of over Rs 2 crore Thu, May 02, 2024, 04:49 PM
Constituency Watch: The great family divide splits Baramati as 'Bhabhi-Nanad' battle for uncle-nephew supremacy Thu, May 02, 2024, 04:35 PM
Kalpana celebrates 5th rescue anniversary at Mathura elephant hospital Thu, May 02, 2024, 04:33 PM
Ghulam Nabi Azad supports ECI decision on Anantnag-Rajouri LS seat Thu, May 02, 2024, 04:05 PM
Odisha CM Naveen Patnaik files nomination from Kantabanji Assembly seat Thu, May 02, 2024, 03:56 PM
Ex-Raj CM Ashok Gehlot says Congress manifesto most impressive since Independence Thu, May 02, 2024, 03:32 PM
BMW launches new M4 Competition M xDrive in India at Rs 1.53 cr Thu, May 02, 2024, 03:26 PM
Salima to captain women’s hockey team in FIH Pro League's Belgium, England legs Thu, May 02, 2024, 03:15 PM
Haris Rauf returns as Pakistan name T20I squad for Ireland, England tours Thu, May 02, 2024, 03:09 PM
BJP's Vijayendra slams Congress leadership over 'what if Modi dies' comment by Karnataka MLA Thu, May 02, 2024, 02:55 PM
Omar Abdullah says BJP trying to divide people on religious lines Thu, May 02, 2024, 02:51 PM