Sensex gains over 400 pts, Nifty opens near 23,250; Iran-US war keeps crude above $100

Indian benchmark indices opened higher on Monday, with the Sensex rising over 400 points and the Nifty 50 trading above the 23,250 mark. The gains came even as crude oil prices remained elevated amid the ongoing Iran–Israel-US conflict, despite assurances from the administration of Donald Trump about safe transit for ships through the Strait of Hormuz. The Sensex gained over 342 points to open at 74,384, while the Nifty 50 fell 34 points to start the session at 23,116. This comes after the benchmark indices crashed around 8% last week, pushing the Sensex below 75,000 and the Nifty below 23,200…