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Indices break 4-day streak, Nifty ends near 22,150

By Business Standard - 7 months ago
Domestic stock market staged a comeback on Friday, ending a four-day losing streak. The Nifty 50 clawed its way back from early lows to settle near 22,150. Banks and financial stocks were the bright spot, while media and healthcare took a hit. Worries lingered though, with simmering tensions in the Middle East and jittery global markets keeping investors cautious. Rising US bond yields continued to be a headwind, leading to more foreign investor selling in Indian shares.

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