Mumbai, May 6 (BNP): Indian stock markets opened on a strong note on Wednesday, supported by positive global sentiment and a decline in crude oil prices. Improved investor confidence followed signals of progress in geopolitical discussions involving Donald Trump and Iran, easing concerns over global tensions.
The benchmark BSE Sensex advanced by over 650 points in early trade, reaching 77,675.01. Similarly, the NSE Nifty 50 gained more than 200 points to 24,250.85, moving past the 24,000 mark.
The upward movement was further supported by firm global market trends, contributing to broad-based buying across sectors. Analysts note that easing crude prices and improving international outlook continue to influence domestic equities.
Further market developments are being closely monitored by investors.
