Mumbai, June 25 -- Indian equity benchmarks ended this week on a positive note, with sentiment buoyed by a sharp easing in crude oil prices and improving geopolitical signals from West Asia.

The Nifty 50 rose 0.18% for the week to settle at 24,056, while the Sensex gained 0.39% to close at 77,100.47. In the broader market, the midcap and smallcap indices underperformed, signalling that the recovery trade has yet to broaden out.

Brent crude dipped toward pre-Iran-war levels, with WTI slipping below $70 per barrel as tanker traffic through the Strait of Hormuz resumed - easing India's twin concerns of imported inflation and current account pressure.

Globally, the dominant overhang remains the Fed's hawkish pivot. At the recent FOMC meeti...