From Gift Nifty, US-Iran talks to crude oil price rally: 10 key things that changed for Indian stock market over weekend
New Delhi, April 13 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday, following weakness in global markets as the US-Iran ceasefire talks failed and crude oil prices jumped, intensifying worries that the war in the Middle East will continue for longer than expected.
Asian markets traded lower, while the US stock futures dropped after the US announced to block the Strait of Hormuz, raising fears of global energy crisis.
On Friday, the Indian stock market ended sharply higher, with the benchmark indices rising more than 1% each.
The Sensex jumped 918.60 points, or 1.20%, to close at 77,550.25, while the Nifty 50 settled 275.50 points, or 1.16%, higher at 24,050.60.
"The market has t...
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