New Delhi, April 6 -- The Indian stock market witnessed heightened volatility on Monday amid weak global cues, as escalating US-Iran war in the Middle East and a surge in crude oil prices continued to weigh on investor sentiment.
The benchmark indices staged a recovery from early losses and traded higher by over half a percent. The Sensex rose 0.67% to 73,811, while the Nifty 50 advanced 0.73% to 22,880. The Bank Nifty outperformed the frontliers, gaining 1.40% to 52,268.
The Nifty 50 managed to break above the key resistance level of 22,800. Analysts suggest that the next critical level to watch is the 23,000 mark.
However, the broader trend remains under pressure. The Nifty 50 has declined over 6% over the past month and is down more...
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