US-Iran tensions explode, oil prices surge-yet Sensex rallies 436 points in a surprise move
Mumbai/IBNS, June 10 -- Indian equity markets extended their gains on Wednesday, building on the momentum from the previous session, with both the BSE Sensex and NSE Nifty 50 trading in positive territory, according to media reports.
Meanwhile, Brent crude oil prices climbed 0.8 percent to $92.15 per barrel amid escalating geopolitical tensions in the Middle East following a fresh U.S. military strike on Iran after the reported downing of an American helicopter.
Asian markets traded lower on Wednesday as rising oil prices weighed on investor sentiment.
The U.S. Central Command (CENTCOM) confirmed that American forces carried out self-defence strikes against Iranian military assets on June 9. The operation was conducted on the orders of...
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