Indian equity benchmarks extended gains for a fourth consecutive session, reaching their longest winning streak in ten weeks. Retreating crude prices, fueled by hopes of US-Iran peace, eased inflation concerns and boosted investor sentiment. The NSE Nifty 50 and BSE Sensex both saw significant climbs, with analysts anticipating a promising near-term outlook.

Sensex rises 736 points, Nifty surpasses 23,850, driven by US-Iran deal easing crude prices and boosting investor 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…