100marketnews

Indian stock markets closed a holiday-shortened week firmly in the red, with the Sensex and Nifty falling more than 2% over the week as Brent crude oil surged to a six-month high above $116 a barrel. The Sensex ended Friday at about 73,124, down around 126 points on the day, while the Nifty settled near 22,600, down 88 points — the fourth straight losing session for both benchmarks. The sell-off hit smaller stocks even harder, with the Nifty Midcap 100 down 5.6% and the Smallcap 100 down 7.3% for the week. Key Facts Friday's close: Sensex about 73,124 (down ~126 points); Nifty about 22,600 (down 88 points); fourth consecutive losing session for both indices Weekly fall: Sensex down 1,605 points (2.1%); Nifty down 546 points (2.4%); 43 of the 50 Nifty stocks ended the week lower Broader market hit harder: Nifty Midcap 100 fell 5.6% and Nifty Smallcap 100 fell 7.3% for the week ended October 23 Crude oil surge: Brent crude settled at $116.72 a barrel on Friday, up 3.1% on ...