Nifty Hits 24K On Iran Peace Deal As Noida Airport Opens Commercial Flights | BusinessToday
Indian equity markets experienced a massive surge, with the Nifty index touching the 24,000 mark and investor wealth jumping by seven and a half lakh
Indian equity markets experienced a massive surge, with the Nifty index touching the 24,000 mark and investor wealth jumping by seven and a half lakh crore rupees in the first ten minutes of trade. The market rally is driven by positive global cues, including an upcoming Iran peace deal expected to be signed on June 19, falling crude oil prices, and a strengthening Indian rupee.
Precious metals like gold and silver also traded higher. Key sectors witnessing significant gains include banking, real estate, automobiles, and aviation, with oil marketing companies benefiting from the drop in crude prices. In a separate development, commercial operations commenced at the Noida International Airport in Jewar. The inaugural flight, operated by Indigo from Lucknow, carried farmers who had contributed their land for the airport's development.
The new airport is expected to create job opportunities and boost the hospitality and cargo sectors in Western Uttar Pradesh. Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video. All you need to do is PRESS THE BELL ICON next to the Subscribe button! India Today TV is India's leading English News Channel.
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