Topic
market updates
Business BSE Sensex Surges Over 300 Points, Nifty Above 24,100 as US-Iran Peace Talks Progress
India's BSE Sensex opened over 300 points higher, crossing 77,000, and Nifty50 surpassed 24,100, driven by progress in US-Iran peace talks in Switzerland. Brent crude slipped 0.4% to $80.17 per barrel, while the rupee strengthened to 94.32 against the dollar. Market momentum shifted to mid and small caps, with Bank Nifty seen as fundamentally strong.
Business Asian Markets Rally, Crude Plunges on US-Iran Peace Deal Announcement at Strait of Hormuz
Asian equities advanced sharply and crude oil prices fell steeply after signs of a preliminary US-Iran peace deal, including reopening of the Strait of Hormuz. Pakistan PM Shehbaz Sharif and US President Donald Trump confirmed the agreement, which boosts hopes of lower global inflation and reduced pressure on central banks.
Business BSE Sensex Rises 400 Points; Nifty50 Surpasses 23,600
The BSE Sensex opened over 400 points higher, while the Nifty50 surpassed 23,600, driven by gains in Asian equities. Crude oil prices rose by 2%, adding to market dynamics.