Stock market news, April 19 -- The domestic benchmark indices, Nifty 50 and Sensex, witnessed an increase on Friday, April 17, marking their second consecutive weekly gain as declining oil prices and optimism surrounding US-Iran discussions enhanced market sentiment.
On Friday, the Nifty 50 climbed by 0.65% to reach 24,353.55, while the Sensex increased by 0.65% to hit 78,493.54.
Both indices recorded approximately a 1.3% rise this week, following a remarkable 6% jump last week, which was their best performance in five years.
Fresh optimism for a diplomatic settlement between the US and Iran, coupled with a 10-day truce between Israel and Lebanon, has significantly boosted global risk tolerance, according to a market analyst.
The weal...
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