Opening Bell: Nifty 50, Sensex Edge Higher as US-Iran Uncertainty Keeps Markets Cautious
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As of 9:18 AM, the Nifty 50 was up 25 points, or 0.1 per cent, at 24,595.65, while the Sensex gained 111.14 points, or 0.14 per cent, to trade at 78,610.31.
✨ Key Takeaways
The benchmark indices opened marginally higher on Monday, with the Nifty 50 and Sensex gaining slightly as uncertainty continued over a potential deal between the U.S. and Iran to reopen the Strait of Hormuz.
As of 9:18 AM, the Nifty 50 was up 25 points, or 0.1 per cent, at 24,595.65, while the Sensex gained 111.14 points, or 0.14 per cent, to trade at 78,610.31.
Titan Company, Tech Mahindra and ICICI Bank were among the Top Gainers on the Nifty 50. In the broader market, the Nifty MidCap index advanced 0.21 per cent, while the Nifty SmallCap index declined 0.13 per cent.
Among sectors, Nifty Private Bank, Nifty Auto and Nifty IT outperformed, whereas Nifty PSU Bank remained the weakest performer.
Disclaimer: The article is for informational purposes only and not investment advice.