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S7/10Economic
Sensex, Nifty rally 1% as US-Iran peace hopes spark risk-on sentiment
Indian equities surged over 1% on Monday, with the Nifty 50 and Sensex climbing significantly. Hopes of a US-Iran peace deal and easing crude oil prices prompted traders to reduce bearish bets, lifting market sentiment.
Realty, consumer durables, and auto stocks led the gains as investor anxiety eased.
Source: Economic TimesOriginal source
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