Nifty trades above 23,900 level; metal shares in demand
Mumbai, June 15 -- The headline equity barometers traded with major gains in the mid-afternoon trade, mirroring global markets after US-Iran signed a peace deal. Easing geopolitical tensions, a steep decline in crude oil prices, and a stronger rupee boosted investor sentiment and supported risk appetite across global equities. Investors will continue to monitor monsoon progress, foreign institutional investor (FII) flows, and the inflation outlook for further market cues. The Nifty traded above the 23,900 level.
Metal index extended losses for the second consecutive trading sessions.
At 13:26 IST, the barometer index, the S&P BSE Sensex soared 943.26 points or 1.25% to 76,471.21. The Nifty 50 index soared 287.60 points or 1.22% to 23,91...
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