Mon Oct 07 04:59:12 UTC 2024: ## Indian Share Market Rebounds After Iran-Israel Tension-Induced Plunge

**Mumbai, India:** The Indian stock market experienced a sharp rebound on Monday, recovering from a five-day slump triggered by heightened tensions between Iran and Israel. The benchmark Sensex index surged over 400 points, opening at 81,926.99, up 239 points from its previous close. The Nifty-50 index also mirrored the bullish trend, opening at 25,084, up from its previous close of 25,014.60, and later climbed to 25,143, a gain of 120.90 points.

The market had witnessed significant losses in the previous two trading days, with the Sensex plummeting 1769 points on Thursday and 808 points on Friday. The Nifty-50 also faced substantial drops of 546 points and 235 points respectively during the same period.

The rebound on Monday was attributed to positive global signals and investor confidence. Key stocks like Kotak Bank and ICICI Bank led the rally, with gains of 1.50% and 1.30% respectively. Other notable performers included ITC Share (1.89%), Mphasis Share (3.54%), AUBank Share (2.64%), Godrej Properties Share (1.50%), Heidelberg Share (13.91%), DBCorp Share (9.15%), AstraZen Share (7.22%), and Senco Gold Share (5.69%).

While the market’s recovery is encouraging, it remains crucial for investors to consult with market experts before making any investment decisions.

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