D-St set for a positive opening as GIFT Nifty signals firm start

GIFT Nifty signals a firm positive start for Dalal Street, trading higher by 125 points (0.52%) at 23,953 levels. Asian shares gained and oil prices tumbled about 5% after the US and Iran paused strikes over the weekend, easing Middle East tensions and boosting global risk sentiment. The rupee recovered 20 paise to close at 96.53 against the US dollar on Friday aided by likely RBI intervention, while India VIX rose 3.15% to 13.90.