From Gift Nifty, US-Iran Peace Talks to Nasdaq, Kospi Rally: 10 Things that Changed for Indian Stock Market Overnight

Bulls take charge: Nifty closes above 24,300, Sensex surges 900 points as Crude slides 7%; IndiGo rallies 7%

Sensex surges 940.73 points to settle at 77,958.52, Nifty above 24,300, Indigo among top gainers

Indian benchmark indices witnessed a strong rally on Wednesday. Riding on global cues, the market rebounded strongly, bringing investors a welcome boost. News of a possible peace agreement between the United States and Iran created a positive market sentiment, pushing the Sensex nearly 1,000 points higher and the Nifty crossing 24,300. At the end of trading, the Sensex gained 940,73 points to close at 77,958.53. The Nifty also jumped 298.15 poin…

From Gift Nifty, US-Iran peace talks to Nasdaq, Kospi rally: 10 things that changed for Indian stock market overnight

Gift Nifty was trading around 24,306 level, a premium of nearly 200 points from the Nifty futures’ previous close, indicating a gap-up start for the Indian stock market indices.

Closing Bell: Market bounces back; Nifty above 24,300, Sensex surges 941 pts

Nifty Midcap and Smallcap indices rose nearly 2% each. Biggest Nifty gainers were Interglobe Aviation, Trent, Tata Motors Passenger Vehicles, Shriram Finance, Asian Paints, while losers were ONGC, L&T, Reliance Industries, Power Grid Corp and NTPC. Except power, FMCG, energy, all other sectoral indices ended in the green with auto, media, private bank, PSU Bank, realty, metal, pharma up 1-2%.

Sensex, Nifty trade higher as hopes of US-Iran deal lift market sentiment - tennews.in: National News Portal

Mumbai, May 7 (IANS) The Indian equity markets traded higher on Thursday in morning trade amid hopes of the US-Iran peace deal. Sensex climbed as much as 0.48 per cent, or 380 points, to hit an intraday high of 78,339.24 in early trade, while Nifty traded at 24,423.35, up 0.37 per cent or 92 points. […] The post Sensex, Nifty trade higher as hopes of US-Iran deal lift market sentiment appeared first on tennews.in: National News Portal.