Sensex defies war fears! Indian markets surge even as US-Iran conflict reignites
Mumbai/IBNS, July 9 -- Indian benchmark equity indices opened in the green on Thursday, shrugging off renewed geopolitical tensions in West Asia after fresh military exchanges between the United States and Iran.
The BSE Sensex gained nearly 200 points at the opening bell before extending its rally to over 500 points in early trade, reflecting resilient investor sentiment.
The NSE Nifty 50 also advanced more than 150 points, reclaiming the 24,100 mark as buying emerged across key sectors.
Market participants said domestic investors appeared to focus on strong institutional inflows and expectations of economic resilience, even as geopolitical risks remained elevated.
Crude oil prices climbed sharply after renewed military action in the ...
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