Sensex, Nifty gain 2% in week ended Jan 29
The benchmark Sensex and broader Nifty snapped a three-week losing streak to gain nearly 2% in the week ended January 29. Analysts attributed the gains to factors such as global cues, short coverings and rebound in crude oil prices. The Sensex gained 435.03 points to close at 24,870.69, while the Nifty rose by 141.10 points to settle at 7,563.55.