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The Economic Times — Marketseconomictimes.indiatimes.com

Will Sensex, Nifty bounce back on Monday? Iran peace deal risks among 5 factors to drive D-St this week (opens original article in a new tab)

TL;DR

Indian markets declined on Friday amid concerns over US-Iran tensions, IT sector selloff, and uncertain oil prices, with key factors influencing future sentiment.

  • Indian equity market indices Sensex and Nifty fell sharply on Friday, ending a five-day winning streak.
  • US-Iran peace deal faces challenges as Iran claims Strait of Hormuz closure, complicating negotiations.
  • IT stocks declined due to selling pressure and revised revenue forecasts by companies like Accenture.

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