Economy

Indian Markets Rebound as Brent Crude Prices Drop

Business Standard19h
THE BRIEF
1

Indian stock markets opened higher on Monday, with the GIFT Nifty rising 100 points as global Brent crude prices fell below $91 per barrel.

2

The Sensex jumped 650 points in early trade, reflecting investor optimism as easing geopolitical tensions in West Asia reduced energy cost concerns.

3

Crude-sensitive stocks, including Asian Paints and JK Tyre, saw gains of up to 5% as the market reacted to the cooling oil prices.