๐ฎ๐ณ Indian Market: Markets rebounded strongly today ๐ as hopes of USโIran talks improved global sentiment, which pushed crude oil below $100 and eased inflation worries. This supported Indian markets, while a stable rupee ๐ฑ and lower volatility (India VIX) kept confidence strong. Along with positive earnings sentiment, Nifty crossing 24,000 ๐ฅ reflects strengthening momentum in the ongoing recovery.
๐ Market Breadth: On the NSE, 2656 stocks ended in the green, while 351 stocks closed in the red.
๐ Global Market: US markets ended higher as hopes of a Middle East peace deal lifted sentiment, which also supported strong bank earnings and stable inflation data. This positive mood spread to Asian markets too. As peace talks improved outlook, oil prices fell ๐ข๏ธ on supply hopes, while gold stayed firm โจ since easing tensions reduced inflation worries.