Indian equity benchmark -- Nifty settled higher for second straight session on Monday amid ease in geopolitical tensions in West Asia over potential US-Iran peace deal. Index began the session with gain of over a percent on Monday supported by sharp correction in crude oil price and firm cues from other Asian markets. Sentiments were upbeat with US Secretary of State Marco Rubio’s statement that India and the US poised to soon firm up the much-awaited trade agreement that will be both beneficial and sustainable and will advance the mutual interests of both nations. In second half of the session, index maintained its positive trade in northward direction as traders took support with Commerce and Industry Minister Piyush Goyal’s statement that India’s exports have recorded healthy growth during the first three weeks of May. He also said that while the world is going through a turmoil, India is relentlessly rising on global stage as it is recording health growth in exports and foreign direct investment (FDI). Afterwards, Nifty added further gains and ended above 24,000 mark.
