business / news / / The Financial Express
The Sensex jumped over 2,700 points and the Nifty climbed above 23,950.
A two-week US-Iran ceasefire has been announced, easing geopolitical tensions in West Asia.
KEY POINTS
- Crude oil prices have dropped over 13%, with Brent crude falling close to $95 per barrel.
- The Nifty Auto and Realty indices surged over 6% each, leading a broad-based sectoral rally.
- The India VIX Volatility Index crashed 20% intra-day, indicating sharply reduced investor fear.
- Asian markets also rallied strongly, with the Nikkei jumping 5% and South Korea's index up 6%.
COMPANIES
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