Mumbai, June 20: Indian equity markets ended the week on a strong note, with Sensex and Nifty rising nearly 1.7%, supported by improved global sentiment amid hopes of easing tensions between the US and Iran.
Investor confidence strengthened as expectations of geopolitical stability helped boost risk appetite across global markets. The possibility of lower crude oil prices also supported Indian equities, given India’s reliance on oil imports.
Buying was seen across key sectors, including banking, financial services, and consumption-linked stocks, contributing to the overall market uptrend.
Analysts note that while sentiment improved this week, market direction will continue to depend on global geopolitical developments, crude oil trends, and broader macroeconomic conditions.
