Share markets in India advance in early deals:Sensex stays afloat above 76,000 mark; Nifty nears 24,000 level; expert advises buy on dips strategy

Share markets in India advanced in early deals on Friday, 29 May, 2026. Sensex stayed afloat above the coveted 76,000 mark. While, Nifty neared the crucial 24,000 level. Arun Mantri sees Nifty within 23,600-24,100 pts range today Mantri Finmart, founder, Arun Mantri said that Nifty is likely to trade in the range of 23,600 to 24,100 points. Mixed sector-wise performance: Sectorally, indices like Nifty Consumer Durables and Chemicals traded in red while, on the other side of the spectrum, Nifty IT rose the highest by 1.74%. Oil drops Tracking reports that US and Iran peace talks were underway, the price of the global oil benchmark, Brent crude, cooled to the $93 per barrel mark on Friday. US VP says US-Iran deal ‘close’ but ‘not there yet’ The US and Iran are still working to resolve key differences before a formal agreement on ending the conflict can be reached, US Vice-President JD Vance has said. Speaking to the BBC, Vance said it was too early to say “when or if” an agreement would be finalised, though negotiators were “very close”. The proposed deal reportedly includes a 60-day extension of the ceasefire and the launch of formal talks on the future of Iran’s nuclear programme. Rupee recovers Rupee rose 5 paise to 95.53 (provisional) against the US dollar. Asian markets advance Friday US markets ended marginally higher overnight Foreign investors sold shares worth ₹1,043 crore on May 27 Sensex closed down 142 points on May 27 Yesterday the stock market was closed due to Bakri Eid holiday. Before that, on May 27, Sensex closed at 75,868 with a fall of 142 points. Nifty also fell by 7 points, closing at 23,907. Bank shares witnessed the maximum selling.