Indian stock market, Aug. 23 -- The benchmark indices, Sensex and Nifty 50, closed largely unchanged on Friday, 21 August, extending their losing streak to a second straight week. Persistent concerns over elevated crude oil prices, a lack of progress in US-Iran negotiations, and rising US bond yields weighed on market sentiment.

The Sensex ended 3 points higher at 77,540.83, while the Nifty 50 gained 20 points, or 0.08%, to close at 24,252. The broader market also finished in positive territory, with the Nifty Midcap 150 rising 0.08% and the Nifty Smallcap 250 advancing 0.41%.

For the week, the Nifty dropped around 0.47% to end at 24,252, while the Sensex declined nearly 0.60% to close at 77,540.83.

According to Ponmudi R, CEO - Enrich...