Indian equity markets closed on a strong note, with the BSE Sensex gaining over 500 points and the Nifty 50 moving above 24,350 levels. Positive global cues and easing geopolitical tensions boosted investor sentiment across sectors.
The rally was supported by improved risk appetite globally, especially after signs of a possible ceasefire in the Middle East. Lower crude oil prices further eased inflation concerns for India.
Experts believe the market may continue to see upward momentum if global stability improves, although short-term volatility is still expected.
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