Sensex recovers 500 points, Nifty approaches 25,000
Indian stock markets made a strong comeback on Monday after a rough start.
The Sensex erased early losses and climbed nearly 500 points to around 81,931 by afternoon, while the Nifty moved back up just shy of 25,000.
Sectors like defense and finance led the charge.
Falling crude oil prices ease inflation worries
Falling crude oil prices eased inflation worries and helped calm investors—Brent dropped from $77.66 to $75.69 per barrel.
Market volatility also cooled off (India VIX slipped to 14.06), making things feel steadier for everyone watching their investments.
Global markets expected to remain stable
Even with US-Iran tensions in the background, experts think global markets will stay steady for now since any major fallout seems unlikely.
So despite some geopolitical drama, most analysts aren't expecting big shocks for your portfolio anytime soon.