GIFT Nifty rallied nearly 1% after reports indicated possible temporary US sanctions relief on Iranian oil exports. Hopes of additional crude supply eased inflation and energy shock concerns, lifting investor sentiment despite ongoing geopolitical tensions, volatile crude prices, rupee weakness, and uncertainty surrounding West Asia negotiations.

GIFT Nifty rallied nearly 1% after reports indicated possible temporary US sanctions relief on Iranian oil exports. Hopes of additional crude supply eased inflation and energy…

Markets rise as easing crude prices and positive US-Iran talks boost investor sentiment, with Sensex and Nifty gaining.