The Indian stock market rose higher in early trading, ending five consecutive days of decline. Falling oil prices boosted investment sentiment across the Asian market. The Nifty 50 Index of the National Stock Exchange of India rose 0.6% to 23917.60 points; the small and medium capitalization indices all rose by more than 1%. Affected by the suspension of US crackdown on Iran, stock markets around Asia generally rose, and India's local stock index strengthened at the same time. Jefferies strategy analysts said in the research report that the market is divided on the AI sector, but India's economic and corporate earnings data continue to exceed expectations, and global foreign investors have improved their attitude towards Indian stocks. Infosys increased by 3.3%, contributing individual stocks to the biggest rise in the Nifty50 Index. Of the 50 constituent stocks, 42 closed higher and 8 fell.

Zhitongcaijing · 2d ago
The Indian stock market rose higher in early trading, ending five consecutive days of decline. Falling oil prices boosted investment sentiment across the Asian market. The Nifty 50 Index of the National Stock Exchange of India rose 0.6% to 23917.60 points; the small and medium capitalization indices all rose by more than 1%. Affected by the suspension of US crackdown on Iran, stock markets around Asia generally rose, and India's local stock index strengthened at the same time. Jefferies strategy analysts said in the research report that the market is divided on the AI sector, but India's economic and corporate earnings data continue to exceed expectations, and global foreign investors have improved their attitude towards Indian stocks. Infosys increased by 3.3%, contributing individual stocks to the biggest rise in the Nifty50 Index. Of the 50 constituent stocks, 42 closed higher and 8 fell.