Opening Bell: Nifty 50, Sensex Rise as US-Iran Deal Hopes Lift Market Sentiment

Opening Bell: Nifty 50, Sensex Rise as US-Iran Deal Hopes Lift Market Sentiment

At 9:18 AM, the Nifty 50 was trading higher by 14.20 points or 0.06 per cent at 24,638.85, while the Sensex gained 128.65 points or 0.16 per cent to 78,709.65.

Key Takeaways

Indian equity benchmarks opened on a positive note on Thursday as improving risk sentiment following rising expectations of a potential deal between the U.S. and Iran supported market sentiment.

At 9:18 AM, the Nifty 50 was trading higher by 14.20 points or 0.06 per cent at 24,638.85, while the Sensex gained 128.65 points or 0.16 per cent to 78,709.65.

Among Nifty 50 constituents, Jio Financial Services, Reliance Industries, and Eternal emerged as the Top Gainers during early trade, supporting the benchmark indices.

In the broader market, the Nifty MidCap index declined 0.22 per cent, while the Nifty SmallCap index edged higher by 0.15 per cent, indicating mixed participation from mid and Small-Cap stocks.

Sector-wise, the Nifty IT and Nifty Pharma indices outperformed in early trading, while the Nifty Realty and Nifty Auto indices witnessed the sharpest declines.

Disclaimer: The article is for informational purposes only and not investment advice.