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Nifty ends higher with gain of around half percent on Friday

20 Mar 2026 Evaluate

Indian equity benchmark -- Nifty ended higher on Friday amid ease crude oil prices. Crude oil prices fell after Treasury Secretary Scott Bessent stated that U.S. may soon lift sanctions on Iranian crude stored aboard tankers, a move aimed at easing price pressures following Iran’s closure of the Strait of Hormuz. Meanwhile, Israel PM Benjamin Netanyahu indicated that the war with Iran may finish soon. The day began on optimistic note, as investors opted to buy fundamentally good stocks at lower levels. Soon, index witnessed huge buying in IT and Tech stocks after the recent pull back by the market. Meanwhile, traders took note of report that the government rolled out the RELIEF (Resilience & Logistics Intervention for Export Facilitation) scheme with an outlay of Rs 497 crore to provide relief to exporters facing disruptions due to the ongoing West Asia conflict. However, in second half of the session, index pared some of its gains but maintained in green terrain till the end of the session. Finally, Nifty ended above 23,100 mark.

Most of the sectorial indices ended in green led by IT, PSU Bank, and Pharma.The top gainers from the F&O segment were Tata Elxsi, Inox Wind and Vodafone Idea. On the other hand, the top losers were Petronet LNG, Multi Commodity Exchange of India and BSE. In the index option segment, maximum OI continues to be seen in the 25900 - 26100 calls and 19000 - 20000 puts indicating this is the trading range expectation.

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