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Nifty logs highest close in 7 months as conflict fears recede. But volatility lingers.

India’s benchmark Nifty 50 index surged past the key 25,000 mark on Thursday, notching its highest close in seven months amid signs of easing geopolitical tensions. The rally coincided with the weekly derivatives expiry, pushing volume turnover on the National Stock Exchange to ₹1.28 trillion—the highest since 27 March’s ₹1.5 trillion mark. Besides, potential short…

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Crude oil logs first weekly gain since mid-April on US-China trade talks; Brent sits at $63, WTI gains 4% in five days

Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with the United Kingdom turned investors optimistic ahead of talks between top officials from Washington and Beijing. Brent crude futures rose $1.07, or 1.7%, to settle at $63.91 a barrel, while U.S. West Texas…

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