New Delhi, April 8 -- Indian benchmark indices opened with significant gains on Wednesday as global investor sentiment improved following the announcement of a ceasefire between the United States and Iran. BSE Sensex stood at 77,230.04 points, marking an increase of 2,613.46 points or 3.50 per cent at 9:15 am. Simultaneously, NSE Nifty 50 stood at 23,855.15 points, up by 731.50 points or 3.16 per cent.
A key trigger for the rally was the sharp correction in crude oil prices, with Brent crude falling to around USD 94-95 per barrel after surging above USD 115 earlier.
Ponmudi R, CEO of Enrich Money, a SEBI-registered online trading and wealth tech firm, attributes this upward trajectory to the easing of global tensions.
"Indian equity ma...
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