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Commodities

Sensex and Nifty Trade Marginally Higher Amid Global Caution

Guavy AI Editorial Team
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Oil
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Indian equity indices Sensex and Nifty demonstrated resilience in early trading on Friday as global markets showed caution due to rising crude oil prices and a decline in US markets.

The benchmark indices, which opened positively, turned volatile before trading marginally higher. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 583.36 crore on Thursday, indicating continued selling pressure.

President Donald Trump's comments on an 'economic war' against Iran have revived concerns over oil-driven inflation and prolonged geopolitical uncertainty. Brent crude remains elevated near $93 a barrel amid renewed US-Iran tensions.

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