The Stock market rally on Wednesday driven by hopes of reduced geopolitical tensions and lower crude oil prices following the US-Iran ceasefire agreement. The Indian market breathed a sigh of relief as the US-Iran ceasefire sparked optimism, with the benchmark indices Sensex surging over 2000 points, while the Nifty nearing 24000. In the previous session, benchmark indices ended on a strong positive note after a volatile start, indicating resilience at lower levels. The Nifty 50 closed at 23,123, while the BSE Sensex gained around 500 points to settle at 74,616. Sensex Nifty rally: What investors should note"The recent rebound in benchmark indices, along with easing crude oil prices and improving sentiment, along with short covering at lower levels, may support early gains.

Source: dna April 08, 2026 03:52 UTC