Market opens higher after four days, investor wealth up by Rs 4 lakh crore; here’s why

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Benchmark indices opened higher after four straight sessions of losses on Monday as US-Iran war came to a halt over the weekend. The relief in geopolitical tensions in West Asia led to a crash in brent crude prices from $102 four days ago to around $93 this morning turning sentiment positive for the market. Sensex rose 637 pts to 76,696 and Nifty gained 197 pts to 23,964. Stocks such as IndiGo, Asian Paints, Bajaj Finance, Infosys, Eternal, HUL, Bajaj Finserv, ITC and Tech Mahindra were the top Sensex gainers today, rising up to 3.15%. ICICI Bank was the sole Sensex…

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