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GIFT Nifty rallies 110 points as Iran US peace hopes spark a 24K comeback
Economy
Published on 24 April 2026
Peace talk optimism lifts futures even as IT selling bites
GIFT Nifty jumped about 110 points on renewed Iran US peace talk hopes, lifting market sentiment after recent weakness. Traders are now watching whether positive global cues can help Nifty 50 reclaim 24,000 on Monday, despite ongoing pressure from IT-led selling that has contributed to the pullback.
- GIFT Nifty surged 110 points on Iran US peace optimism
- Sentiment improved after a stretch of weak market action
- Nifty 50 could retake 24,000 if global cues stay supportive
- IT-led selling remains a key headwind
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times