Oil spike caps rally as markets end week with modest gains

Rising crude fuels volatility; domestic sectors lead while global-facing stocks lag.

- Mayur Bhalerao

India's benchmark indices ended a turbulent week with modest gains on Friday, but sharp swings driven by global cues and a spike in crude oil prices kept investors on the edge.

The Nifty 50 ended the day at 25,571.25, and BSE Sensex settled at 82,814.70, both rising around 0.4% on Friday. For the week, however, the gains were muted at roughly 0.2-0.4%, as frequent intraday reversals capped the upside momentum and signalled consolidation rather than a clear directional trend.