Indian equity markets ended the week on a positive note, with the Nifty 50 rising 1.10% to close at 23,622.90 and the Sensex advancing 1.73% to settle at 75,527.95. This marks the end of a two-week losing streak amid ongoing geopolitical tensions related to the US-Iran conflict, according to livemint.com.
The market rally was supported by improving global sentiment and measures taken by the Reserve Bank of India (RBI) to boost foreign currency inflows. Experts noted that these factors helped stabilize investor confidence despite the volatile environment. The positive close on Friday reflected a cautious but optimistic outlook among market participants, as reported by livemint.com.
This recovery is significant as it comes during a period of heightened geopolitical risk, which had previously weighed on Indian markets. The rebound aligns with broader trends in emerging markets where central bank interventions and easing tensions have helped restore some stability. The Sensex and Nifty 50's gains contrast with the prior weeks' declines, underscoring the sensitivity of Indian equities to global developments, per livemint.com.
The next week’s trading session will be closely watched to see if the indices can maintain this upward momentum. The RBI’s ongoing efforts to manage currency inflows and the evolving geopolitical situation will be key factors influencing market direction, according to livemint.com.