Sensex, Nifty rally 1% as US-Iran peace hopes spark risk-on sentiment (opens original article in a new tab)

Indian stock indices Sensex and Nifty rose 1% as hopes of a US-Iran peace deal and falling crude oil prices boosted investor sentiment.

• Indian equities rose 1% as US-Iran peace hopes boosted risk-on sentiment
• Brent crude futures fell over 5% to $85.8 a barrel following a ceasefire agreement
• Foreign portfolio investors bought ₹200 crore worth of shares after 11 days of selling
• Nifty Realty index surged 4% while Nifty Midcap 150 and Smallcap 250 rose 1.5% and 1.3% respectively
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