MediumPositive
Announced Sun, 14 Jun · 11:47 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 ended the week higher, with Nifty 50 up 1.10% to 23,622.90 and Sensex gaining 1.73% to 75,527.95, snapping a two-week losing streak on improved global sentiment and RBI measures supporting foreign currency inflows. For the coming week, market participants will closely track progress on the proposed US-Iran agreement, crude oil price trends, and FII flow patterns. Technically, Nifty 50 faces resistance at 23,950-24,100 with support at 23,200-23,000, while Bank Nifty has broken out of consolidation with bullish momentum, support at 55,500-56,000 and resistance at 57,500-58,000.