The Indian stock market overall recorded losses during the last week, with Sensex and Nifty extending a multi-session losing streak before recovering some gains later during the end of the week. Analysts now highlight that the market’s direction during the upcoming week will be determined by crude oil trajectory among other factors.
Sensex gained over 3 points to close at around 77,541 on Friday while Nifty 50 rose 20 points to end the session at 24,252. Overall, Sensex dropped over 0.6% and Nifty lost around 0.5% during the week.