Nifty and Sensex end two-week losing streak on peace deal optimism
pre-market1 source ↓written by the desknot a recommendation
- surged
- 1.99%
- 23,622 points
- in the week
- 1,695 points
- the week ending
- 12 June 2023
Bulls returned to Dalal Street as the Nifty 50 surged 1.99% to 23,622 points, while the BSE Sensex gained 1,695 points in the week ending 12 June 2023. The rebound was driven by optimism surrounding a potential Iran-US peace deal and a recovery in the Indian rupee. The Nifty Bank sector led gains following the RBI's forex measures.
Not investment advice. For informational purposes only.