Sensex surges 1,400 pts, Nifty above 22,900: US-Iran ceasefire report among key factors behind market rally

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Sensex, Nifty rebounded following a media report claiming Mojtaba Khamenei has agreed to negotiate with the US; however, there is no official confirmation from Iran yet.   The equity benchmark indices Sensex and Nifty rebounded by more than 2 percent on Tuesday, on media report from Al Arabiya claiming Mojtaba Khamenei has agreed to negotiate…

India’s growth outlook firm as global volatility rises: Finance Ministry

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The ministry projected real GDP growth of 7.0–7.4% for FY27, supported by strong domestic demand, stable macroeconomic fundamentals, and continued policy reforms. India’s economic outlook remains strong even as escalating geopolitical tensions in West Asia threaten to inject greater volatility into global markets, the Finance Ministry said in its latest Monthly Economic Review (MER).  …