Indian markets saw a strong opening on Monday. Financial stocks surged, pushing the Dow Jones Industrial Average to a record high. Energy companies also jumped significantly. Investors are anticipating increased access to Venezuela’s oil reserves. Weapons manufacturers also saw gains. The S&P 500 and Nasdaq also closed higher. Cryptocurrency-linked shares advanced as Bitcoin hit a three-week high.
Vodafone Idea shares rally 7% to fresh 52-week high despite market crash. What’s behind the surge?
Vodafone Idea shares surged nearly 7% to a new 52-week high after ICRA upgraded the telecom operator’s rating and revised its outlook. Investor sentiment was