Markets end higher led by bank stocks; escalating U.S.-Iran hostilities weigh on investor sentiment
The BSE Sensex rose 130.49 points, or 0.17%, closing at 77,185.43, driven by gains in bank stocks and softer U.S. inflation data. This rebound follows a sharp decline in the previous session and suggests that the Federal Reserve may take a less aggressive monetary policy approach. However, escalating U.S.-Iran tensions continue to weigh on investor sentiment, creating uncertainty in the markets.