Global Markets Surge as Geopolitical Tensions Ease; Sensex Gains 500 Points
Stock markets surged Friday as geopolitical tensions eased, with Sensex and Nifty climbing nearly 1% on hopes of US-Iran diplomacy and a Lebanon-Israel ceasefire.
Rupee Gains Ground Against US Dollar Amid Easing Crude Oil Prices and Mideast Hopes
The rupee strengthened against the dollar due to lower crude oil prices and hopes for a West Asia truce.