Sensex, Nifty surge over 1%; European mrkt advance
Mumbai, June 15 -- The key equity barometers traded with significant gains in afternoon trade, mirroring global markets after US-Iran signed 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.
Barring pharma, all the sectoral indices on the NSE were traded in green, led by gains in realty, auto and metal shares.
At 13:25 IST, the barometer index, the S&P BSE Sensex soared 933.59 points or 1.24% to 76,462.19. The Nifty 50 index...
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