Mumbai, April 17 -- Domestic equity benchmarks staged a steady comeback on Friday, with the Nifty reclaiming the 24,350 mark and closing near the day's high as geopolitical nerves eased and crude prices softened.
The session began on a firm footing, backed by a mix of calming global signals. A ceasefire between Israel and Lebanon, coupled with optimism around upcoming US-Iran talks, helped cool oil prices and lift investor sentiment. Brent slipped below $97 per barrel, easing inflation concerns and giving equities breathing room.
The Nifty moved in a tight range but with a clear upward tilt through the day, gradually inching higher and finishing close to its peak. Leadership came from FMCG, energy, and metal stocks, which powered the ra...
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