Sensex opens 700 higher, Nifty crosses 23,200 mark amid US-Iran peace talks

BSE Sensex opened 719 points higher on Monday at 75,178.24 and Nifty 50 opened at 23,222.30 after gaining nearly 170 points. This comes after oil prices slipped around 1.5% amid US-Iran peace talks facilitated by Qatar. Strong corporate earnings, including Reliance Industries’ 40.6% profit growth, and October's gross GST collections rising 22.9% year-on-year to ₹2.31 lakh crore also contributed.