Sensex rallies 1,187 points on Middle East peace hopes
Hopes for peace in West Asia fueled a global market rally that extended to India, with the Sensex surging 1,187 points to 73,134. The rally was further supported by a strengthening rupee and softening crude oil prices, despite continued foreign fund outflows. Investors anticipate further gains if no negative news emerges overnight.
Hopes for peace in West Asia fueled a global market rally that extended to India, with the Sensex surging 1,187 points to 73,134. The rally was further supported by a strengthening rupee and softening crude oil prices, despite continued foreign fund outflows. Investors anticipate further gains if no negative news emerges overnight.
