(Bloomberg) — Indian equities rose, tracking global markets, as the price of crude oil, the nation’s biggest import, steadied after the U.S. and Iran appeared to be stepping back from a military conflict.The S&P BSE Sensex Index advanced 1.1% to 41,247.01 as of 9:33 a.m. in Mumbai. Global stocks rallied after U.S. President Donald Trump on Wednesday said that he would impose new sanctions on Iran while offering the country a diplomatic opening. The NSE Nifty 50 Index also rose by 1.1%.India’s monthly factory output data, due Friday, along with earnings from Infosys Ltd. marking the start of quarterly reporting …read more
Source:: Yahoo Finance
