India, April 8 -- European stocks rose sharply on Wednesday thanks to sustained buying right through the day's session as U.S.-Iran ceasefire deal lifted sentiment. A sharp drop in oil prices and lower bond yields contributed as well to the bullish mood in the markets.

The pan European Stoxx 600 climbed 3.88%. The UK's FTSE 100 gained 2.51%, Germany's DAX jumped 5.06% and France's CAC 40 moved up 4.49%. Switzerland's SMI settled with a gain of 2.53%.

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