Nifty crosses 12,300-mark on easing tensions, Sensex up 147 points

The Nifty rose and breached the 12,300-mark for the first time, on Friday, as crude oil prices eased further on the back of easing US-Iran tensions. The benchmark rose as much as 12,311, before ending the session at 12,257 — a gain of 41 points or 0.33 per cent. 

The Sensex, on the other hand, rose 147 points and closed the session at 41,600, an increase of 0.36 per cent.

Friday’s rise helped the indices mark their first weekly gain in three weeks. On Thursday, the indices posted their biggest gain in three months following an ease in crude oil prices, which