Rs 8L cr richer! Sensex zooms 1,100 pts, Nifty tops 24K. US-Iran truce among 5 drivers behind bull run (opens original article in a new tab)

Indian stock markets surged as Sensex and Nifty rose over 1.5% due to an Iran-US peace deal, falling oil prices, and global market rallies.

• Sensex surged over 1,100 points, Nifty topped 24,000 amid Iran-US peace framework and falling oil prices.
• Global markets rallied, with US Treasury yields dropping and rupee strengthening past 94 against the dollar.
• Key factors included reduced geopolitical tensions, lower oil prices, and improved investor sentiment.