Sensex and Nifty surge as Iran and US tensions ease
Business
Big day for the stock market! The Sensex soared by 1,823.74 points to 73,771.29 in early trade, and the Nifty rose 548.60 points to 22,880 in early trade.
This rally came as investors got hopeful about global tensions cooling off, especially between Iran and the US which helped boost confidence and bring people back to banking, financials, and IT stocks.
SBI ICICI HDFC led Indian rally
Banking giants like SBI, ICICI Bank, and HDFC Bank led the charge.
It wasn't just India: thanks to signs of easing geopolitical tensions, especially around Iran and the US.