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Weekly Market Wrap: Sensex Down 2.15%, Nifty Down 2.36% as Crude Hits Five-Month High

Weekly Market Wrap: Sensex Down 2.15%, Nifty Down 2.36% as Crude Hits Five-Month High

The Sensex lost about 1,605 points, or 2.15%, and the Nifty about 546 points, or 2.36%, in the holiday-shortened week ended 23 October, The Week and Newsdrum reported. The figures match calculations from the 16 October closes of 74,729.27 and 23,146.15.

The week had four trading sessions because of the Dussehra holiday on 20 October, and ended a two-week winning streak. Brent crude rose to about $114, a five-month high, on Houthi attacks on Saudi Arabia and tanker attacks near Hormuz. This is a market report and not investment advice.

News Desk

News Desk

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