Sensex Rises Over 600 Points, Nifty 50 Gains 205 Points as Oil Prices Decline on U.S.-Iran Talks
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As of 2:00 PM, the BSE Sensex was up 629 points, or 0.8 per cent, at 78,723.21, while the Nifty 50 advanced 205.30 points, or 0.84 per cent, to 24,588.90.
✨ Key Takeaways
Indian equity benchmarks traded firmly higher in afternoon trade on Monday after crude oil prices eased following comments from U.S. President Donald Trump that negotiations with Tehran are scheduled to begin on Monday. The decline in oil prices improved investor sentiment, supporting gains across domestic equities.
As of 2:00 PM, the BSE Sensex was up 629 points, or 0.8 per cent, at 78,723.21, while the Nifty 50 advanced 205.30 points, or 0.84 per cent, to 24,588.90.
Among the Nifty 50 constituents, InterGlobe Aviation, Shriram Finance, and Infosys emerged as the Top Gainers, reflecting broad-based buying interest.
The broader market also remained positive, with the Nifty MidCap index rising 0.87 per cent and the Nifty SmallCap index gaining 1.29 per cent, indicating continued strength beyond the frontline indices.
On the sectoral front, the Nifty PSU Bank, Nifty FMCG, and Nifty Metal indices outperformed the broader market, while the Nifty Media index lagged its peers during the session.
Disclaimer: The article is for informational purposes only and not investment advice.