D-Street bounces as traders cover short bets ahead of peace talks

April 22, 2026

Indian markets saw significant gains on Tuesday, with the Nifty and Sensex rising over 0.9% and 1% respectively. This surge was driven by traders cutting bearish bets ahead of US-Iran peace talks and a moderation in foreign institutional selling. Technical indicators suggest a bullish outlook, with the Nifty potentially moving towards 24,800-25,000.

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