Indian equities rose notably on Thursday, extending prior-session gains, as crude oil prices continued sliding internationally. The move was attributed to improving traffic through the Strait of Hormuz and reports of “positive progress” in indirect Doha talks, easing supply-risk concerns. Overall, the news is modestly supportive for risk sentiment via lower energy cost expectations.
Indian equities rose notably on Thursday, extending prior-session gains, as crude oil prices continued sliding internationally. The move was attributed to improving traffic through the Strait of Hormuz and reports of “positive progress” in indirect Doha talks, easing supply-risk concerns. Overall, the news is modestly supportive for risk sentiment via lower energy cost expectations.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.20
