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.

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