Indian markets ended the week negatively. Rising crude oil prices and a stronger US dollar affected the market. The Sensex closed at 77,378.91, down by 241.30 points. The Nifty 50 index also declined by 95.00 points to 23,431.50. Investors are keeping a close eye on the Q3 earnings season.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.