The Sensex rose by 500 points from its intraday low, with the Nifty index surpassing 24,450, driven by optimism surrounding a potential US-Iran peace deal. This sentiment shift is primarily influencing risk appetite, as investors seek exposure to equities amid expectations of reduced geopolitical tensions. Indian equities, particularly those linked to energy and defense sectors, are most exposed to these developments due to their sensitivity to oil prices and regional stability. Traders will closely watch for any official announcements or diplomatic progress regarding the US-Iran negotiations, which could further impact market dynamics.
📈Sensex up 500 pts from day's low, Nifty above 24,450: US-Iran peace deal hopes among key factors behind market gains Details here ⤵️
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