Bharat Express DD Free Dish

US Iran talks

Indian benchmark indices closed lower for a third session as rising crude prices and weak global cues dampened investor sentiment.

Sensex and Nifty recovered on Friday as softer crude prices and hopes of a phased US-Iran agreement supported Indian markets.

Gautam Adani shared a personal message of gratitude and faith after a US court dismissed criminal bribery and fraud charges against him.

Sensex fell 388 points and Nifty declined 112 points as stalled US-Iran talks weighed on sentiment, while Realty, FMCG and Cement stocks fell.

Sensex fell 250 points and Nifty closed below 23,900 as IT stocks declined and investors awaited the outcome of US-Iran talks.

Global crude oil prices fell up to 3 per cent after US-Iran talks in Switzerland eased supply concerns and raised hopes of increased oil exports.

Gold and silver prices rose on Thursday as a weaker US dollar and safe-haven demand supported precious metals.

President Trump said the Strait of Hormuz would reopen immediately if the US and Iran finalise a nuclear agreement.

Brent and WTI crude prices declined as traders monitored uncertainty surrounding negotiations between the US and Iran.

Sensex surged over 1,000 points and Nifty reclaimed the 24,000 mark on Monday, supported by positive global cues and easing geopolitical tensions.