Indian equity markets witnessed a strong rally on June 24, with the BSE Sensex jumping more than 500 points and the NSE Nifty approaching the crucial 23,950 mark. Positive global cues, easing crude oil prices and strong buying in key sectors helped lift investor sentiment.
Global and Indian financial markets reacted strongly on Monday after the United States and Iran announced a framework agreement aimed at ending hostilities and restoring stability in West Asia.