Benchmarks hold firm; Europe opens higher after Saudi Arabia restarts east-west pipeline

The benchmark indices traded near the day’s high in afternoon trade as crude oil prices fell below the $99-per-barrel mark, easing concerns over inflation and the countrys import bill. Investors also remained focused on global developments, including the ongoing talks between US President Donald Trump and Chinese President Xi Jinping. The Nifty, however, failed to hold above the 23,450 mark.

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