Markets Rebound After 3-Day Fall Amid Iran De-escalation Signals
Sensex and Nifty rebounded on March 5, rising over 1% after three days of losses. The rally was driven by Iran’s willingness to abandon its nuclear program, value buying in beaten-down stocks like RELIANCE , positive global cues, and gains in energy stocks. Lower India VIX and a recovering rupee also supported investor sentiment.
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