Sensex rises over 400 points, Nifty tops 24,000 as Iran sends peace proposal to US. What lies ahead?

Indian markets rebounded on Monday, breaking a two-day losing streak, as investor sentiment improved following reports of an Iranian peace proposal to the US. The Sensex surged over 400 points, surpassing 77,000, while the Nifty climbed above 24,000. Broader markets also saw gains, with small and midcap indices rising.