Dalal Street Ends Higher As Sensex Jumps Over 1,200 Points, Nifty Tests 24,200

The uptick in markets reflects improving investor sentiment amid expectations that geopolitical tensions may ease following renewed diplomatic signals between the United States and Iran.

Crude oil prices declined in Asian trading as hopes of renewed negotiations reduced concerns over prolonged supply disruptions.

Source : ABPLIVE AI

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Key points generated by AI, verified by newsroom

• Indian stock markets surged as Sensex gained over 1,200 points.
• Easing US-Iran tensions boosted investor sentiment and market direction.
• Top gainers included InterGlobe Aviation, Infosys, and TCS.

The Indian benchmark indices ended higher on Wednesday as the Sensex jumped over 1,216 points to settle above 78,061 and the Nifty rose more than 372 points to close trade at 24,215.40 at 3:30 PM.

In the 30-share BSE Sensex, among the top gainers were stocks such as IndiGo, Eternal, PowerGrid, TechMahindra and TCS. MEanwhile the laggards included stocks like Axis Bank, ICICI Bank and Bharti Airtel.

In the broader markets, the Nifty Smallcap 50 jumped 2.38 per cent as volatility remained high. Sectorally, the Nifty Consumer Durables index rose 2.91 per cent.

Previously, during the early morning session, the BSE Sensex opened the session around 78,200, rallying more than 1,300 points, while the NSE Nifty50 started trading above 24,200, climbing almost 400 points, as of 9:15 AM.

The uptick in markets reflects improving investor sentiment amid expectations that geopolitical tensions may ease following renewed diplomatic signals between the United States and Iran.

US-Iran Developments Drive Market Direction

The trajectory of the US–Iran conflict continues to be the primary driver for global markets, particularly due to its influence on oil prices and investor risk appetite.

Following the collapse of earlier negotiations, tensions had escalated sharply. A blockade on Iranian oil exports and disruptions in the Strait of Hormuz pushed crude prices above $100 per barrel, triggering a sell-off in global equities earlier this week.

However, sentiment has improved after fresh indications that both sides may return to the negotiating table. Reports suggest a second round of talks could be scheduled soon, with US President Donald Trump signalling that the conflict may be nearing a resolution.

While the shift in tone has calmed markets, uncertainty remains elevated, with any setback in talks likely to reverse sentiment quickly.

Top Gainers Lead Early Trade

Among the top gainers in early trade were InterGlobe Aviation, Infosys, Tata Consultancy Services, Eternal, Larsen & Toubro and Bajaj Finance.

Market sentiment received a boost from easing geopolitical concerns and softer crude oil prices, with analysts pointing to renewed hopes of diplomatic engagement in West Asia as a key support for equities.

Analysts See Positive Signals

V K Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, said expectations around the possible resumption of US–Iran talks and discussions between Israel and Lebanon, along with a sharp fall in Brent crude prices, are positive indicators for markets in the near term.

He noted that crude prices have declined by around $10 over the past two days, which could help ease inflationary pressures and support overall risk sentiment.

Institutional Flows Mixed

On the institutional front, foreign investors remained cautious. Foreign Institutional Investors (FIIs) were net sellers on Monday, offloading equities worth Rs 1,983.18 crore, according to exchange data.

Domestic Institutional Investors (DIIs), however, provided support by purchasing shares worth Rs 2,432.30 crore.

Global Markets Track Optimism

Asian equities advanced in early trade, tracking strong gains on Wall Street. South Korea’s Kospi led regional gains, while Japan’s Nikkei 225 and Chinese indices also traded higher.

US markets closed firmly in positive territory overnight, supported by easing inflation concerns and optimism around geopolitical developments, signalling a revival in global risk appetite.

Oil Prices Ease, Support Markets

Crude oil prices declined in Asian trading as hopes of renewed negotiations reduced concerns over prolonged supply disruptions.

Brent crude traded below the $95 per barrel mark, extending its recent correction after sharp gains earlier this week. Lower oil prices are seen as supportive for India, helping ease inflationary pressures and aiding macroeconomic stability.