Markets rally on whispers of peace: Nifty climbs as tensions begin to thaw
Markets rallied 2% on Wednesday as reports of a 15-point US-Iran ceasefire proposal revived risk appetite, adding over ₹8 trillion to investor wealth. However, the rupee hit a record low of 93.97 to the dollar, reflecting persistent concerns over elevated crude prices and supply chain disruptions.
Markets rallied 2% on Wednesday as reports of a 15-point US-Iran ceasefire proposal revived risk appetite, adding over ₹8 trillion to investor wealth. However, the rupee hit a record low of 93.97 to the dollar, reflecting persistent concerns over elevated crude prices and supply chain disruptions.
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