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MARKETS: Indices gain on US-Iran truce, Sensex up 635 pts, Nifty at 12,215

All that happened in the markets today

Sensex, Nifty post highest one-day gains since May 25

After a gap-up opening, Indian equities Thursday logged steady gains as investors cheered temporary de-escalation of a heated rhetoric between the United States and Iran.  In response to Iran's missile attack, US President Donald Trump said the strikes had not harmed any US troops stationed there and that damage was minimal. Trump, however, announced fresh sanctions on Tehran but stopped short of any further military escalation. This slight cool-off gave global markets some space for a relief rally. Financials contributed the most towards the benchmark S&P BSE ...