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

Indian benchmarks ended the week on a strong note, with the Nifty 50 rising 0.90 percent to 24,270.80 and the Sensex gaining 0.86 percent to 77,763.91, supported by healthy GST collections, improving industrial output, and softer US labour data boosting hopes of a less hawkish Fed. Crude oil stabilising around 68 to 69 dollars a barrel eased inflation concerns, though US-Iran negotiation developments remain the key risk trigger. Analysts maintained a cautiously positive outlook, highlighting banking, pharma, realty, and defence as preferred sectors, with Nifty support seen at 24,050 to 24,150 and resistance at 24,421.