Stock Market
Sensex jumps, Nifty nears 24,000 after big US-Iran deal buzz
Mumbai/IBNS: The Indian stock market opened on a positive note on Friday amid reports of a potential ceasefire agreement between the United States and Iran, which lifted global investor sentiment.
Sensex, Nifty open higher
The BSE Sensex climbed around 200 points at the opening bell, while the NSE Nifty 50 traded above the 23,950 mark, reflecting cautious optimism in early trade.
Mixed trend across sectoral indices
Market movement remained uneven across sectors.
IT, realty, and media stocks led the gains, while metals, FMCG, and financial services came under slight selling pressure.
Despite sectoral divergence, overall market sentiment stayed balanced as gains in select sectors offset losses in others.
Global trigger: US–Iran ceasefire reports
Investor mood was influenced by reports suggesting that Washington and Tehran have agreed to a 60-day ceasefire extension.
However, the deal is yet to receive formal approval from US President Donald Trump.
According to media reports, Trump has been briefed on the development but is expected to take a final decision in the coming days.
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