Sensex extends bull run to third day on US-Iran peace deal, jumps 540 points: 10 key highlights from Indian stock market
New Delhi, June 16 -- The bull run on Dalal Street continued to the third session in a row on Tuesday, June 16, as investors cheered the US-Iran peace deal and a subsequent decline in crude oil prices, easing inflation and growth concerns, especially for import-oriented economies like India.
The BSE barometer Sensex zoomed 544 points or 0.71% to 76,809 and its NSE counter Nifty 50 added 135.25 points or 0.57% to settle at 23,989. The benchmark indices have added around 4% in the last three sessions amid optimism surrounding the peace deal announcement.
As the geopolitical tensions ease, investor focus is now on the first US Federal Reserve meeting under the newly-appointed chair, Kevin Warsh.
While the benchmark interest rate is widely...
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