Sensex, Nifty 50 | Stock Market Highlights: The Indian stock market ended with strong gains on Tuesday, April 21 following mixed global market cues, as investors increased risk appetite as they were optimistic about the US-Iran peace talks.
The Sensex climbed by 753 points, or 0.96%, finishing at 79,273.33, while the Nifty 50 wrapped up with a solid increase of 212 points, or 0.87%, at 24,576.60.
The mid-cap and small-cap sectors lagged, with the Nifty Midcap 100 index increasing by 0.49%, and the Nifty Smallcap 100 index advancing by 0.88%.
The total market capitalization of firms listed on the BSE grew to nearly ₹469 lakh crore, up from around ₹466 lakh crore in the prior session.
Globally, Asian markets traded higher amid hopes of peace talks between US and Iran, while the US stock market ended marginally lower.
US Vice President JD Vance will travel to Pakistan on Tuesday for Iran talks, reports said. Tehran’s own negotiators received a last-minute green light from Iran’s supreme leader to attend the talks, Axios reported.
Crude Oil Prices
Crude oil prices fell on expectations that US-Iran peace talks will take place this week. Brent futures dropped 0.46% to $95.04 a barrel, while US West Texas Intermediate (WTI) crude futures for May declined 1.35% to $88.40.
Gold Rate Today
Gold prices were largely steady after dropping to a one-week low in the last session. Spot gold price was unchanged at $4,820.84 per ounce, while US gold futures for June delivery rose 0.3% to $4,841.2. Spot silver price fell 0.1% to $79.82 per ounce.
Gold and silver prices in India traded lower. MCX gold rate for June futures contracts was down by ₹218, or 0.14%, at ₹1,53,725 per 10 grams. MCX silver price for May futures contracts was trading lower by ₹1,824, or 0.72%, at ₹2,50,721 per kg.
Stay tuned to this segment for live updates on the Indian stock market today.