Mumbai: After easing West Asia tensions, Indian equity markets traded higher on Wednesday in early deals, with benchmarks jumping almost 1 per cent each on global cues. Sensex rose 0.85 per cent or 657 points to hit an intraday high of 77,675 in morning trade, while Nifty was trading at 24,250, up 0.90 per cent.
India’s equity markets witnessed a sharp decline last week, with seven of the country’s top-valued firms collectively losing around ₹1.75 lakh crore in market capitalisation. The decline reflects growing volatility in the stock market amid global uncertainties and investor caution. The losses were largely driven by heavy selling pressure in key sectors such as banking,.
Indian equity benchmarks, the BSE Sensex and Nifty 50, extended their gains as investor sentiment improved on the back of softer global crude oil prices and supportive international market trends. Both indices traded higher during the session, reflecting optimism among investors and continued buying interest across key sectors. Softer crude oil boosts sentiment A major.
Indian equity markets witnessed a strong rally as the BSE Sensex surged by 1,372 points, while the Nifty 50 climbed close to its day’s high. The sharp upward movement came as geopolitical tensions showed signs of easing, boosting investor sentiment across global and domestic markets. The rally marked one of the strongest single-day gains in.
Global oil prices witnessed a sharp decline of over 13 per cent on Monday after former US President Donald Trump announced a temporary pause on planned military strikes targeting Iran’s power and energy infrastructure. The development also lifted market sentiment, with GIFT Nifty indicating a positive start for Indian equities. Oil prices see steep fall.
The pressure of war in West Asia continues to mount. Under these circumstances, an erosion of trade and investment is inevitable. The value of the Rupee continues to decline. The impact of high crude oil prices and the unavailability of gas is bound to influence the sentiment of both buyers and sellers in the markets..
