Indian shares ended higher for a third consecutive session on Wednesday as oil prices fell on signs of rising inventory and news that Iraqi and Kurdish authorities have agreed to resume oil exports through Turkey's Ceyhan port, offering some relief to investors worried about supply disruptions caused by the escalating U.S.-Israel war on Iran.
The benchmark BSE Sensex surged 633.29 points, or 0.83 percent, to 76,704.13, extending gains for a third day running, with IT and auto stocks leading the surge after recent weakness.
For comments and feedback contact: editorial@rttnews.com
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.