Nifty crossed 24,000 and Sensex settled at 77,410 this week as the US-Iran peace deal sent Brent crude below $80 and strengthened the rupee to 94.50. A hawkish Fed and weak FII flows kept the rally grounded.
Sensex opened down 800+ points Monday after fresh Israel-Iran strikes sent Brent crude above $97. FII outflows of Rs 8,776 cr on Friday set the stage. Here is what moved and what to watch next.
India's HSBC Services PMI final for May 2026 came in at 59.8, beating the flash estimate of 58.9 and confirming a six-month high - with input cost inflation easing to a four-month low ahead of June 5 MPC.
A two-day advance ends as Coal India's OFS discount, ONGC's weak Q4 production, and fresh US strikes on Iran converge on the same session — and the market sorts winners from losers.