The Sensex and Nifty closed sharply higher on Monday, breaking a five-session losing streak.
The Sensex ended at 76,835.78, up 776.29 points or 1.02 per cent, while the Nifty settled at 23,995.95, up 229.40 points, or 0.96 per cent.
The gains followed a sharp fall in crude oil prices after the United States and Iran paused military strikes, easing worries over an extended conflict.
IT and bank stocks led the rally, with Eternal and IndiGo among the top gainers.
The close built on a positive opening earlier in the day.
The reversal follows five consecutive sessions of losses driven by an earlier spike in crude oil prices.
(Image: Niyantha Shekhar (CC BY 2.0))
