Crude oil prices plunged nearly 10%, triggering a positive open for Indian equities as markets reacted to signs of possible easing oil sanctions and comments from U.S. President Trump that the Iran war could be short-lived. The sharp drop in oil drove risk-on flows into emerging-market stocks, supporting a positive market tone in India.
Crude oil prices plunged nearly 10%, triggering a positive open for Indian equities as markets reacted to signs of possible easing oil sanctions and comments from U.S. President Trump that the Iran war could be short-lived. The sharp drop in oil drove risk-on flows into emerging-market stocks, supporting a positive market tone in India.
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mildly positive
Sentiment Score
0.25
