Geopolitical tensions drag markets lower, but Nifty ends week in green
- Posted on May 9, 2026
- By Business News Today
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- 1 min read
Geopolitical tensions drag markets lower, but Nifty ends week in green
Indian equities closed lower Friday, impacted by renewed US-Iran tensions, though the market secured weekly gains thanks to falling oil prices. The Nifty 50 and Sensex saw dips, with investor sentiment cautious due to geopolitical risks and potential impacts on corporate earnings from rising input costs. Sectoral performance was mixed, with banking stocks facing pressure.