Sensex closes over 1,000 pts higher, Nifty ends above 1% as crude slides more than 5% on US-Iran deal hopes

Mumbai (Maharashtra) [India], May 25 (ANI): The domestic equity markets closed sharply higher on Monday as improving optimism around a possible peace agreement between the United States and Iran boosted investor sentiment globally and eased concerns over energy prices. The NSE Nifty 50 index closed at 24,031. 70, gaining 312.