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Mkt Up On Announcement Of Trump-Putin Meet
The New Indian Express Jeypore
|August 12, 2025
DOMESTIC equity market rose ahead on Monday as sentiment improved following the announcement that U.S. President Donald Trump and Russian President Vladimir Putin will meet in Alaska to discuss the Russia-Ukraine conflict.
Besides easing geopolitical tensions, a positive global market also supported the rally. The US markets rose 1% in the previous session while Asian and European markets were in green on optimism over potential interest rate cuts by US Fed. BSE Sensex closed 746 points (0.93%) higher at 80,604, while the Nifty rose 221 points (0.91%) to settle at 24,585. In the broader market, BSE Midcap added 0.8%, and the small-cap index rose 0.35%.
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