Indian markets rallied for the second consecutive day with the Sensex jumping nearly 1,500 points and the Nifty surging over 500 points to near 23,400, tracking global optimism after reports indicate the US has sent Iran a plan to end the war. All sectoral indices participated in the rally, led by PSU banks and real estate. In a major relief, the government assured there will be no increase in petrol and diesel prices, stating that refineries are working at optimum capacity and India has sufficient fuel stocks. The government also advised against panic buying of fuel or LPG. However, jet fuel prices have doubled in a month, with global ATF prices zooming over 105%, raising concerns about significant airfare hikes from April 1. S&P Global raised India’s FY27 GDP forecast by 40 basis points to 7.1%. Gold jumped by 4,600 rupees to trade at 1.44 lakh rupees per 10 grams, while silver rose by 11,000 rupees.
#SensexRally #Nifty23400 #IndianStockMarket #BSESensex #NiftyBank #USIranPeace #PetrolPrices #NoFuelHike #JetFuelPriceHike #ATFPrices #AirfareHike #IndiaGDP #SPGlobal #GoldPriceIndia #SilverPrice #PSUBanks #RealEstateStocks #CrudeOilPrices #RupeeDepreciation #EVSubsidy #PMEDrive #BusinessToday #SakshiPatra #MarketNews #IndianMarkets #CommodityMarket #BullionPrices #StockMarketIndia #EquityMarkets
Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you’ll never miss a new video.
All you need to do is PRESS THE BELL ICON next to the Subscribe button!
India Today TV is India’s leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more.
Stay tuned for latest updates and in-depth analysis of news from India and around the world!
WhatsApp Channel: https://whatsapp.com/channel/0029Va2AnW3JENxxg7OuJv00
Download App: https://indiatoday.link/wHaj
Follow us: Official website: https://www.indiatoday.in/
Twitter: https://twitter.com/IndiaToday
Facebook: https://www.facebook.com/IndiaToday
