Raja Venkatraman recommends three stocks for 17 June
Stock market recap, June 17 -- The rally on Dalal Street extended into a third straight session on Tuesday as investors cheered the US-Iran peace deal and the resulting decline in crude oil prices, easing concerns over inflation and economic growth, particularly for oil-importing economies such as India.
The BSE Sensex rose 544 points, or 0.71%, to close at 76,809, while the NSE Nifty 50 gained 135.25 points, or 0.57%, to settle at 23,989. The benchmark indices have advanced about 4% over the past three sessions, buoyed by optimism surrounding the peace agreement and the prospect of lower energy costs.
KPIL (current market price Rs.1365.70)
Indian equities extended their gains on June 16, with the Sensex rising 544 points to close at 7...
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