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Indian stock markets rallied on Monday, with key indices gaining over 1 percent. This surge ended a three-day losing streak. Traders cut bearish bets as the West Asian conflict showed no fresh escalation. The Nifty closed at 23,408.8, and the Sensex ended at 75,502.85. The market's fear gauge, VIX, also fell, indicating some relief.
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The escalating war in Iran has overshadowed much of the US' foreign policy objectives
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News and Media
It comes after Sir Keir Starmer said the UK was working with allies on a plan to protect the Strait of Hormuz.
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News and Media
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