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Indian equities closed higher on Friday, though Middle East tensions limited gains in benchmark indices. Sensex rose over 3 points to 77,541 and Nifty gained 20 points to 24,252
Indian markets faced pressure as the Nifty declined for a sixth consecutive trading session. Rising oil prices and ongoing West Asia conflict kept traders cautious throughout the day
Indian government bonds saw a decline for the second consecutive day, erasing previous gains as high oil prices and the premature conclusion of a deposit scheme weighed on investor sentiment. Following the central bank's policy announcement, the benchmark bond