Indian benchmark indices BSE Sensex and Nifty 50 witnessed a strong rally as investors reacted positively to improving global sentiment and renewed hopes surrounding US-Iran peace discussions. Banking, auto, and infrastructure stocks led the market recovery during the session.
The decline in international crude oil prices also improved investor confidence, especially for oil-importing economies like India. Domestic institutional investors remained active buyers while foreign investors cautiously returned to large-cap stocks.
Analysts believe easing geopolitical tensions and softer oil prices could continue supporting Indian equities in the near term, though volatility may remain due to global uncertainty.
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