Punjab Newsline | New Delhi
Indian equity markets opened sharply higher on Monday, with both the Sensex and Nifty trading in the green amid improved global sentiment following the announcement of a ceasefire between Iran and the United States after 107 days of conflict.
In early trade, the Indian rupee also strengthened by 53 paise against the US dollar, reflecting renewed investor confidence. The positive momentum was not limited to India, as major Asian markets also rallied. Japan's Nikkei index climbed more than 4 percent in early trading.
The BSE Sensex opened with a massive gain of 1,080 points, while the NSE Nifty started the session 330 points higher, supported by broad-based buying across sectors.
Among the 30 Sensex-listed companies, IndiGo, Eternal, Bajaj Finance, and Asian Paints emerged as the top gainers. On the Nifty index, Shriram Finance, IndiGo, Eternal, Bajaj Finance, and Tata Motors Passenger Vehicles (TMPV) were among the top five stocks trading in positive territory.
Market experts attributed the rally to easing geopolitical tensions and improved global investor sentiment, which boosted buying across Asian equity markets.
