Nifty Eyes 23,600 Breakout as Oil Prices Drop and Iran Signals Diplomacy
Nifty gained 1.68% for a third straight session, supported by easing geopolitical tensions and a sharp fall in crude oil prices. Iranian President Masoud Pezeshkian indicated Tehran's willingness for diplomatic talks with Washington, with Supreme Leader Mojtaba Khamenei granting authorities to pursue peace. Brent crude futures dropped 6.17% to $106.43 per barrel, boosting market sentiment and supporting a sustained rebound in equities.
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