Indian Markets Rebound on Lower Crude Oil Prices and Strong IT Sector
The Indian stock markets, including the Sensex and Nifty, began the day on an upward trend due to a decline in crude oil prices and strong performance from the IT sector.
Brent crude oil prices fell by 1.44% to $87.09 per barrel, easing concerns about potential supply disruptions following renewed talks with Iran.
The IT sector saw significant buying interest, with major gainers including Tech Mahindra, Tata Consultancy Services, Infosys, and HCL Tech.