Brief by Shorts91 Newsdesk / 04:45am on 24 Mar 2026,Tuesday Business
Indian markets opened higher on March 24 after Monday’s sharp decline, tracking global optimism following Donald Trump’s claim of “productive talks” with Iran and a five-day pause on planned strikes. The BSE Sensex and Nifty 50 rebounded, while the rupee strengthened 34 paise to 93.63 against the dollar after hitting a record low earlier. US markets also closed over 1% higher overnight, supporting sentiment. Meanwhile, gold and silver prices fell over 3% amid easing geopolitical tensions. Analysts note gold’s decline is driven by rising oil prices, inflation fears, stronger US yields, and a firmer dollar, which are outweighing safe-haven demand despite ongoing uncertainty. (PC: NDTV)
