Indian Stock Market Surges on Lower Crude Oil Prices and Easing Geopolitical Tensions
Global oil benchmark Brent crude fell by 1.44% to $87.09 per barrel, leading to a surge in stock markets in early trade on Tuesday.
The Sensex and Nifty indices rose as optimism over renewed talks with Iran eased concerns about potential supply disruptions.
Buying in IT stocks also contributed to the positive trend in the markets, with Tech Mahindra, Tata Consultancy Services, Infosys, HCL Tech, Hindustan Unilever, and Eternal being among the major gainers.