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Live: Nifty reclaims 23,500, Brent below $90, rupee appreciates | Closing Bell
Sensex, Nifty rose, tracking gains in other Asian markets, as oil prices fell on hopes of a US-Iran peace deal. The benchmark equity indices Sensex and Nifty rebounded sharply on Friday from previous session’s decline, tracking reports from Iranian state-linked news agency Mehr that the proposed MoU between Tehran and Washington includes the lifting of sanctions, an end to the US naval blockade at Strait of Hormuz.