Markets Rise on Falling Oil & US-Iran Talk Hopes

Sensex and Nifty opened sharply higher, tracking Asian markets as crude oil fell below $100 amid optimism over renewed US-Iran talks. Sensex gained 1,280 points (1.67%) to 78,126, while Nifty rose 380 points (1.63%) to 24,230, driven by easing inflation concerns and improved global sentiment.