Indian benchmark indices saw marginal gains as easing oil prices and improved geopolitical conditions countered US Federal Reserve concerns. Brent crude dropped 1.7% to $78.2 per barrel. Most sectoral indices were positive, but IT stocks fell 1.5% amid rate hike signals from the Fed.
Indian benchmark indices posted marginal gains, primarily driven by easing oil prices and improved global geopolitical conditions. This positive momentum helped mitigate ongoing concerns surrounding the US Federal Reserve's stance on interest rates. While Brent crude dropped…
Market Samachar is a news aggregator. This article was originally published by mint - markets. Tap the button above to read the full story on their site.