Equity benchmarks remain cautious as IT stocks drop over 1.5% following a hawkish US Fed commentary despite softer crude prices.

Sensex and Nifty surge as falling crude oil prices boost investor sentiment ahead of the US Fed decision.

The index gained nearly 4.3% from 27,795.75 recorded on June 12, reflecting improving market sentiment triggered by US-Iran peace deal, softer crude and global market movement.

Sectoral performance remained mixed, with defence, consumer durables, PSU banks and metal stocks emerging as the top performers

Equity benchmarks remain cautious as IT stocks drop over 1.5% following a hawkish US Fed commentary despite softer crude prices.

Equity benchmarks traded with a cautious positive bias in afternoon deals on Thursday as losses in IT stocks capped gains despite favourable cues from softer crude oil prices,…

Indian IT stocks, including Infosys and TCS, experienced a significant decline of up to 3% on Thursday. This downturn was triggered by a hawkish stance from the US Federal…