Market Update

Frontline indices, the Sensex and Nifty 50, ended flat on Friday, 21 August, extending losses for the second consecutive week, pressured by elevated oil prices, stalled US-Iran talks, and rising US bond yields. The Sensex ended 3 points up at 77,540.83, while the Nifty 50 settled 20 points, or 0.08%, higher at 24,252. The Nifty Midcap 150 index climbed 0.08%, while the Nifty Smallcap 250 rose by 0.41%. For the week, the 30-share pack slipped 0.60%, while the Nifty 50 declined 0.50%.