Punjab Newsline | New Delhi
Indian stock markets opened on a strong note on Friday, delivering impressive gains for investors after a subdued session a day earlier.
Robust buying across sectors lifted benchmark indices, supported by positive global market trends, growing optimism over a possible peace agreement between the United States and Iran, and declining crude oil prices.
By 9:36 a.m., the BSE Sensex had surged 870.98 points (1.17%) to 74,703.53, while the NSE Nifty 50 climbed close to the crucial 23,400-mark, trading at 23,396.25. The more than one percent rise in both benchmark indices reflected renewed investor confidence and a stronger appetite for risk.
Market analysts attributed the rally to improving global sentiment and easing concerns over energy prices, which provided fresh momentum to Indian equities in early trade.
