Stock Market Today LIVE: The domestic stock markets continued their recovery on Wednesday, March 25, starting off strong as investor confidence improved following news of a possible ceasefire between the United States and Iran.
The Nifty 50 opened trading at 23,064.40, up 152 points or 0.66%, while the BSE Sensex increased by 581.67 points or 0.79% to begin at 74,650.12.
Investors remained cautiously optimistic, even with ongoing fluctuations due to uncertainties related to geopolitical developments.
Crude oil prices showed indications of decline, with Brent crude dropping by 4.78 percent to USD 99 per barrel, providing some relief to global markets.
In the commodities market, gold prices made a notable rebound, climbing by 3.37% to hit ₹143,600 per 10 grams for 24 karat gold. Silver prices similarly rose by 4.82%, reaching ₹234,542 per kg.
Global Markets
On the global front, Asian markets traded higher, while the US stock futures gained on reports of a US plan to end the Middle East war.
Latest developments in the US-Iran war showed that the US President Donald Trump said he had sent a peace proposal to Iran, expressing optimism about ending nearly a month-long conflict. Reports also said that the US military was preparing to deploy at least 2,000 troops from the 82nd Airborne Division to the Middle East in the coming days.
Meanwhile, Tehran announced it would allow “non-hostile” oil vessels to pass through the vital Strait of Hormuz.
Stay tuned to this segment for the latest stock market news.
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