Stock markets surge for 2nd day as oil drops below USD 100 per barrel
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The 30-share index Sensex has again crossed the 73,000-point mark as the price of a barrel fell below $100 and oil stocks traded sharply higher.
Mumbai (Uttam Hindu News): The domestic stock market witnessed a strong rally on Tuesday on the back of softening crude oil prices in the international market and heavy buying… The post Stock market sways due to fall in crude oil prices, investors earn Rs 6.71 lakh crore in 2 days appeared first on uttamhindu.com.
The stock market surged for the second consecutive day, resulting in investors gaining ₹6.71 lakh crore in two days. The Sensex gained over 1,100 points and the Nifty gained over 350 points during this period.
Stock markets surge for 2nd day as oil drops below USD 100 per barrel
Market benchmark indices Sensex and Nifty ended sharply higher on Tuesday, extending their previous session's rally, as a decline in crude oil prices below the USD 100 per barrel mark and buying in bank stocks and Reliance Industries added to investors' optimism.
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