Global financial markets rebounded sharply on hopes of Middle East de-escalation, with crude oil prices cooling and Asian equities rallying. While a temporary ceasefire has injected optimism, market participants remain cautious about the sustainability of this “risk-on” sentiment. The next two weeks are critical for determining the trajectory of oil prices and broader market stability.
HDFC Bank, SBI, other stocks jump up to 2%; Nifty Bank gains 560 points. What lies ahead?
Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themselves ahead of a crucial round of Q1 earnings