From DT Next
Center Owned by Daily Thanthi GroupMarkets surge on sharp decline in oil prices, hopes of resolution to US-Iran conflict
What's behind this
On Thursday morning Indian equity benchmarks Sensex and Nifty opened with strong gains after crude oil prices fell sharply following the US midterm election results. Reports said the Sensex rose by about 1,400 points in one account and by 1,600 points in another, while the Nifty moved above the 24,300 level. The drop in crude oil to a two‑month low lifted investor optimism across global markets, with sentiment boosted by the US midterm outcomes.
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center · 2 outlets
MUMBAI: Market benchmark indices Sensex and Nifty surged in early trade on Thursday amid a sharp decline in crude oil prices and hopes that a resolution to the West Asia conflict may happen soon after the results of the midterm elections where American voters gave the opposition Democratic Party…
— DT Next
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MUMBAI: Market benchmark indices Sensex and Nifty surged in early trade on Thursday amid a sharp decline in crude oil prices and hopes that a resolution to the West Asia conflict may happen soon after the results of the midterm elections where American voters gave the opposition Democratic Party…
