Sensex and Nifty ended nearly flat as rising oil prices, continued FII selling and US-Iran tensions kept investors cautious.
Stock markets ended the trading day and week on a flat note. The Nifty ended higher by 0.08 percent and closed at 24,252 while the Sensex ended at 77,540.83. Broader markets also ended the trading session with on a flat note. Sectoral indices ended on a mixed note. For the week both the Nifty and Sensex declined around 0.6 percent.
Independent market expert, Ambareesh Baliga told Times Now Digital, “what we saw in stock markets today was more of consolidation after a spirited bounce back yesterday-despite the fact that crude is inching up along with treasury yields. Nifty 24,000 provides a strong sentimental support.”