Indian stock markets rose more than 1 percent on Monday as the Nifty index crossed back above 24,000. The gains followed positive global signals including hopes for a US-Iran deal and lower oil prices.
Indian equities surged over 1 percent on Monday. The Nifty reclaimed the 24,000 mark amid optimism about a potential US-Iran agreement that could ease tensions. Oil prices fell below 100 dollars a barrel, supporting the rally.