Oil slide powers India's stock benchmarks to longest weekly winning run 7 months

Nifty 50 rose 0.14% to 24,056 and Sensex added 0.14% to 77,100.47, marking their longest weekly winning streak in seven months with weekly gains of 0.2% and 0.4% respectively. Gains were driven by a 1.4% fall in Brent crude to $72.7 a barrel following the US-Iran peace deal easing geopolitical tensions, and RBI Governor Sanjay Malhotra ruling out a near-term rate hike. InterGlobe Aviation climbed 8.5% on lower fuel costs, pharma index rose 2.1% on US FDA outreach to Indian drugmakers, while metals fell 4.4% tracking weaker global prices.