Indian benchmark indices closed sharply higher on Monday, ending a five-session losing streak.
The Sensex closed up 776.29 points, or 1.02 per cent, at 76,835.78, while the Nifty climbed 229.40 points, or 0.96 per cent, to settle at 23,995.95.
The rally was driven by a sharp decline in crude oil prices after the United States and Iran paused military strikes, easing concerns over a prolonged geopolitical conflict.
Gains were led by IT and bank stocks, with Eternal and IndiGo among the top individual gainers on the day.
The close extended gains from a positive opening earlier in the session.
The reversal follows five straight sessions of losses driven by an earlier spike in crude oil prices.
(Image: Niyantha Shekhar (CC BY 2.0))
