Last-hour bull attack: Here's why Sensex soared a massive 900 points in 20 minutes

Last-hour bull attack: Here’s why Sensex soared a massive 900 points in 20 minutes

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Sky News Arabia reported Iranian Deputy Foreign Minister as saying that Iran is ready to abandon its nuclear programme if US presents a satisfactory alternative offer

Benchmark index Sensex posted a massive 900-point jump within 20 minutes on March 5 on a news report of likely resolution to US-Iran war but the rally fizzled out partially later.

Sky News Arabia reported Iranian Deputy Foreign Minister as saying that Iran is ready to abandon its nuclear programme on condition that the United States presents a satisfactory alternative offer.

This news report triggered a massive rally in Sensex in no time and Wall Street Futures also were trading flat after erasing earlier losses.

Courtsey To : Moneycontrol

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