GIFT Nifty jumps over 300 points after oil price crash. What to expect on Monday?
Indian markets are likely to see a positive opening on Monday after GIFT Nifty surged more than 300 points late Friday, tracking a steep decline in global crude oil prices and improving risk sentiment across global markets. The rally in GIFT Nifty comes after oil prices tumbled following easing geopolitical tensions in West Asia.The sharp fall in crude prices could be the biggest catalyst for the spike in GIFT Nifty. Lower oil prices ease multiple macro pressures for India, including inflation,...
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