Economy
Sensex Rises 373 Points as Global Oil Prices Dip Below $80
NDTV2h
THE BRIEF
1
The BSE Sensex closed 373 points higher, driven by strong buying in Reliance Industries and ICICI Bank as global crude oil prices fell below $80 per barrel.
2
Market sentiment improved significantly on hopes of a potential US-Iran peace deal, which could stabilize energy supply chains and reduce inflationary pressures.
3
While the Sensex surged, the Nifty 50 index ended the session flat, reflecting cautious investor behavior amid ongoing volatility in the broader market.