Sensex surges over 1,200 points, Nifty reclaims 23,400 as RIL leads rally

Indian equity markets experienced a significant surge, primarily driven by Reliance Industries which saw an 11.6% increase. Easing crude oil prices and renewed diplomatic talks regarding Iran contributed positively to investor sentiment. The BSE Sensex rose by more than 1,200 points, while the NSE Nifty exceeded the 23,400 mark. Broader market segments, including metals and cement stocks, also experienced noteworthy gains.