Indian Markets Rebound After Three-Day Selloff
Indian benchmark indices opened higher on Thursday, recovering after a three-session decline, as improved risk sentiment across Asian markets lifted investor confidence. The Nifty 50 rose 0.55% to 24,615.95, while the BSE Sensex gained 0.55% to reach 79,530.48 at the opening bell. Both indices had fallen nearly 4% over the previous three trading sessions.
The rebound mirrored a broader recovery in Asian equities after markets were shaken earlier by escalating tensions in the Middle East. MSCI Asia-Pacific Index ex-Japan climbed 2.7% on Thursday, following an 8.6% slide over the previous three sessions.
Investor sentiment improved after reports that Iran signaled openness to negotiations to end the conflict, while comments from Donald Trump aimed at stabilizing oil markets also helped ease concerns. Meanwhile, crude oil prices rose 2.8% to $83.7 per barrel — typically a negative factor for India, which remains the world’s third-largest crude oil importer.
Pic courtesy: google/ images are subject to copyright
