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Sensex Gains 500 Points as Oil Falls on Iran Talks

The Sensex rose around 500 points and the Nifty crossed 24,500 on Monday after Donald Trump announced talks with Iran, pushing oil prices lower. IndiGo, ITC, FMCG, and metals led the gains as cheaper crude eased cost and inflation concerns.

Sensex Jumps 1,000 Points; RIL and ITC Lead

The Nifty 50 rose 1.4% to cross 24,300 and the Sensex gained over 1,000 points to near 78,000. Reliance Industries and ITC led the advance, signaling broad large-cap buying. Traders are watching whether Nifty holds 24,300 at close to confirm a sustained recovery.

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