India-US trade deal to US-Iran war: Top five triggers that may dictate the Indian stock market this week
Indian stock market, June 28 -- The Indian stock market ended the holiday-shortened week on a positive note, posting modest gains in three of the four trading sessions.
Key benchmark Nifty reclaimed and held above the key psychological level of 24,000, reflecting resilience despite ongoing global volatility. For the week, the Sensex rose 0.39% to close at 77,100.47, while the Nifty added 0.18% to end at 24,056.
The steep fall in crude oil prices emerged as the key positive catalyst for domestic equities. With tanker traffic through the Strait of Hormuz returning to normal and geopolitical tensions in West Asia easing, Brent crude slipped back to near pre-conflict levels. The decline eased worries over imported inflation, India's current...
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