New Delhi, May 7 -- Nifty 50, the domestic market benchmark, rose by more than half a per cent to reclaim the 24,480 level in intraday trade on Thursday, 7 May, supported by hopes of a potential US-Iran trade deal, a decline in crude oil prices, and positive global cues.

Banking, financial, auto, and metal counters witnessed healthy buying interest during Thursday's session.

"The see-saw political game in West Asia has been going on for some time now, and crude prices have also been seesawing. The market is swinging between hope and fear, and this might continue until there is a definitive conclusion to the crisis," VK Vijayakumar, Chief Investment Strategist, Geojit Investments, observed.

"The market is rewarding good results and puni...