Israel -ran War: Has Indian Stock Market discounted Middle East Tension or NIFTY 50 Hitting 24,000 Still Possible?

Israel -ran war: Indian Benchmark Indices – Sensex and Nifty 50 – Bounced Back from Early Losses to Trade in Positive Territory on Wednsday, Driven by Financial and Auto Stocks, Auto Stocks, Depite Cautiouse Global Sentiment Due to Escalating tensions in the middle East and Elevated Crude Oil Pries.

Around 9:43 AM, The BSE Sensex Climbed 264 Points, OR 0.33%, to Reach 81,854, While The Nifty50 Advanced 81 Points, or 0.32%, to 24,932. The sensex saw a strong recovery, surgging 550 points from its intraday low of 81,304.

According to Market Experts, The Indian Market Appears to Have Largely Discounted The Israel-Airan Tensions, with Monday’s Positive Close Reflecting Investor Focus Shifting Bacus Shifting

“While oil and geopolitical respects remain on the radar, the nifty’s resilience amid global Unease Sugges the conflict is being Viewed as a short-term Event Rather Ther Ther Ther Treatment and Investor Are Focusing on long term story of the Indian economy which remains intact and even dip is viewed as a buying options, ”said Sourav Choudhary, MD, Raghunath Capital.

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