Market comeback! Sensex surges 500 points after two days of bloodbath
Mumbai/IBNS, June 9 -- The Indian stock market opened higher on Tuesday after suffering losses for two consecutive sessions, with benchmark indices gaining in early trade amid improving global sentiment.
However, the gains were later trimmed.
Market sentiment improved as concerns over escalating tensions in the Middle East eased, prompting investors to return to riskier assets. IT stocks led the rally, tracking gains in global technology shares.
Asian markets also traded in positive territory after a strong overnight recovery on Wall Street, where chipmakers such as Nvidia and Micron Technology powered a broader market rebound.
Higher oil prices are generally viewed as negative for India, one of the world's largest crude importers, as...
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