Snapping previous session’s losses, Indian equity benchmark -- Nifty settled higher with gains of over one and half percent on Wednesday amid ease in geopolitical tensions. Index made a gap-up start and maintained its gain throughout the session as renewed hopes of Iran-US peace talk, and lowering crude oil prices boosted market sentiments. Index witnessed broad based buying across the sector as traders opted to buy fundamentally good stocks after recent fall. Further, sentiments remained up-beat with the International Monetary Fund’s (IMF) report stating that India’s economy is expected to grow a tad faster at 6.5 per cent in 2027 despite escalating tensions in West Asia.
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