MediumPositive
Announced Wed, 17 Jun · 09:27 IST
Sensex rises over 250 points, Nifty above 24,000 as Dalal Street extends gains for 4th session. What lies ahead?
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Indian benchmark indices extended gains for a fourth straight session, with Sensex rising over 250 points to about 77,050 and Nifty 50 gaining 55 points above the 24,000 mark. Positive sentiment was supported by a sharp decline in crude oil prices, with Brent falling below $80 per barrel after Iran and the US agreed on a framework for a peace deal, easing BoP deficit concerns and boosting expectations of FII buying. All sectoral indices except Nifty Metal and Nifty Realty opened in the green, while broader markets also gained; analysts see Nifty heading towards 24,600 if it decisively breaks above 24,100.