New Delhi, July 17 -- Indian equities closed a volatile week with modest gains, led by a sharp Friday rally as investors ultimately shrugged off renewed West Asia tensions and stepped up purchases on strong June-quarter earnings.

The 30-share Sensex rose 0.75% for the week, while the broader Nifty 50 gained 0.53%, with most of the gains coming on Friday. The Nifty jumped 1.1% to close at 24,334.30, while the Sensex advanced 1.25% to settle at 78,151.44, its highest closing level since 12 June 2026.

Investors remained on edge for much of the week as fresh hostilities between the US and Iran, less than a month after an interim peace deal, pushed crude oil prices higher and weighed on the rupee. Crude oil soared past $85 a barrel from abou...