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Indian Share Market Rises for Third Day: What's Driving the Surge Amidst Iran-Israel Conflict?
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Indian Stock Market Surges for 3rd Day Amidst Iran-Israel Tensions: What's Driving the Rally?
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News18
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18-03-2026, 11:49
Indian Stock Market Surges for 3rd Day Amidst Iran-Israel Tensions: What's Driving the Rally?
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Indian stock market sees third consecutive day of gains; Sensex up 680 points, Nifty up 217 points.
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IT, Auto, Media, PSU Bank, Pharma, FMCG, and Realty sectors show strong buying; Metal sector faces selling pressure.
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Oil prices ease as Brent crude falls over 1% to $102/barrel, WTI nearly 2% lower at $94.53, reducing inflation fears.
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Global markets show strength: US Wall Street, Asian markets (Nikkei, Kospi), and European markets (CAC, DAX, FTSE) all trade higher.
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Decline in US bond yields and value buying after a sharp market correction in early March contribute to the rally.
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