Indian markets surged on Wednesday, reversing Tuesday's losses, buoyed by falling crude oil prices and a positive sentiment from the monsoon's arrival. Key sectors like banking and IT led the gains, with analysts pointing to expectations of discounted Iranian crude benefiting the economy. Despite mixed Asian markets, domestic investors showed strong buying, offsetting foreign outflows, as the VIX eased.
Indian markets saw a significant surge on Wednesday, recouping previous losses, driven by a decline in crude oil prices and the positive sentiment from the monsoon's arrival. Key sectors like banking and IT led the rally, with expectations of discounted Iranian crude further…
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