Indian stock markets experienced a significant rally on Wednesday. Both the Nifty 50 and S&P BSE Sensex saw gains exceeding 1 percent. This surge followed a sharp drop in oil prices due to potential US-Iran accord news. Easing tensions boosted investor confidence, leading to a broad market uplift. Volatility also decreased, indicating reduced near-term risk.
Nifty ends below 24,000 for 4th week of losses
Indian equity markets faced a downturn for the fourth straight week, with the Nifty index retreating under 24,000. A combination of soaring crude oil prices