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[BUSINESS] · India · 45 sources

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India's Sensex jumps 776 points as US‑Iran tensions ease

Indian equity markets ended Monday sharply higher, snapping a five‑session losing streak. The BSE Sensex closed at 76,835.78, up 776 points (about 1.02 %). The NSE Nifty settled at 23,995.95, gaining 228.5 points (about 0.96 %).

The rally was driven by a pause in hostilities between the United States and Iran, which lifted global risk sentiment and sent Brent crude down roughly 9 % to around $87 a barrel. Lower oil prices eased import‑cost pressures on India’s economy and buoyed investor confidence.

The rupee appreciated 28 paise to 96.25 per U.S. dollar, helped by the softer dollar index and cheaper crude. Broad‑based buying was seen across sectors, with IT and realty indices posting gains of over 2 %.

Analysts noted that while the market recovered, investors will continue to watch geopolitical developments, global oil prices and forthcoming monetary‑policy signals for further direction.

Entities

BSE Sensex · Brent crude · Indian rupee · Indian rupee · Iran · Iran · Mike Waltz · NSE Nifty · NSE Nifty 50 · Nifty · Sensex · US dollar

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