Keep Reading
Recommended Stories
Markets Rise to 10-Week High as Easing Crude and Strong Banking Update Fuel Rally
Indian equity benchmarks rose to a 10-week high on Monday, driven by a sharp rally in HDFC Bank after a strong quarterly business update and a decline in crude oil prices. The Nifty and Sensex each gained 0.7% to close at 24,430 and 78,285 respectively, rising 2.4% in four sessions. Lower oil prices due to easing West Asia tensions also supported broader sentiment.
Wall Street Rallies, Oil Tumbles as US and Iran Reach Deal; AI and Travel Stocks Surge
Wall Street rallied sharply on Monday after the United States and Iran reached a tentative agreement to extend the ceasefire and reopen the Strait of Hormuz, causing oil prices to plunge. The S&P 500 rose 1.5%, the Dow jumped 638 points, and the Nasdaq gained 2.3%. AI-linked stocks and travel companies surged, while easing oil prices reduced inflation fears and lowered the probability of a Fed rate hike.
Stock market today: BSE Sensex rallies over 750 points, Nifty50 ends shy of 24,000 - top reasons for rise
Indian equity markets rallied strongly on July 27, 2026, with BSE Sensex closing up 776 points (1.02%) at 76,835.78 and Nifty50 ending at 23,995.95, up 228 points (0.96%), snapping a five-day losing streak. The rally was driven by easing Iran-US tensions, a sharp decline in crude oil prices, value buying after last week's correction, and falling US Treasury yields.
Asian Tech Stocks Tumble, Triggering Circuit Breakers in South Korea
Asian stock markets dropped on Friday, with South Korea's Kospi falling 5.8% after an 8% intraday drop triggered a circuit breaker. Japan's Nikkei 225 closed over 4% lower as SoftBank tumbled 12.5%. The sell-off followed sharp declines in US tech shares, including Apple's 6% fall after announcing price increases due to rising component costs.