HighNegative
Announced Sun, 26 Jul · 11:53 IST

Indian stock market: How are Sensex and Nifty 50 likely to perform next week amid ongoing US-Iran war?

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian benchmark indices posted sharp weekly losses amid rising crude oil prices and renewed US-Iran geopolitical tensions, with the Sensex falling 2.68 percent to 76,059.77 and the Nifty 50 declining 2.33 percent to 23,767.45. Banking stocks led the decline after mixed Q1 FY27 earnings, while FII selling, a weakening rupee, and elevated volatility further dampened sentiment. Analysts expect the market to remain range-bound and choppy until crude prices stabilise and West Asia tensions ease, with key technical supports for Nifty at 23,600 and for Sensex around 75,700-75,800.