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Market Gains Amid Oil Price Drop and Peace Proposal Hope
Sensex rose 1,667 points and Nifty gained 522 points as oil prices fell over 4%, driven by hopes of easing West Asia conflict, boosting investor sentiment.
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7 Articles
Deccan Chronicle
The PrintStock Markets Surge Over 2 Pc as Drop in Oil Prices, Rally in Asian Peers Cheer Investors
Extending its previous day's rally, the 30-share BSE Sensex jumped 1,667.14 points or 2.25 per cent to 75,735.59. The 50-share NSE Nifty surged 522.35 points or 2.27 per cent to 23,434.75
Stock markets rally in early trade on slump in oil prices
Mumbai: Benchmark indices Sensex and Nifty extended their previous session’s rally in early trade on Wednesday, March 25, tracking a sharp decline in crude oil prices and a positive trend in Asian markets, amid hopes of de-escalation in the West Asia war. The 30-share BSE Sensex jumped 885.32 points to 74,953.77 in early trade. The 50-share NSE Nifty surged 307.65 points to 23,220.05. From the 30-Sensex firms, Mahindra & Mahindra, UltraTech Ceme…
Stock markets rally for 2nd day as drop in oil prices
Indian equity markets extended their gains for a second straight session on Wednesday, with benchmark indices closing nearly 2 per cent higher, supported by falling crude oil prices and improved global sentiment amid hopes of easing tensions in West Asia.
Oil prices reversed course and fell this morning after news emerged that the US had sent Iran a 15-point plan to end the conflict. Domestic stock markets are expected to continue their recovery.
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