Stock Market Surges as US–Iran Tensions Ease; Sensex Crosses 78,500

Mumbai

The Indian stock market opened on a strong note on Thursday, driven by signs of easing tensions between the United States and Iran. Investor sentiment improved, pushing benchmark indices higher in early trade.

The BSE Sensex rose 566.32 points, or 0.73%, to 78,677.56, while the Nifty 50 gained 153.90 points, or 0.64%, to reach 24,385.20.

The rally was led by realty and metal stocks, with sectoral indices like Nifty Realty and Nifty Metal emerging as top gainers. Most other indices—including Nifty India Defence, Nifty Consumer Durables, Nifty Financial Services, Nifty PSU Bank, Nifty Services, and Nifty Private Bank—were also trading in the green.

Broader markets mirrored the positive trend. The Nifty Midcap 100 index rose 515.80 points, or 0.88%, to 59,293.55, while the Nifty Smallcap 100 index gained 187.95 points, or 1.10%, to 17,344.35.

Among Sensex constituents, major gainers included Eternal, Bajaj Finance, Infosys, Tech Mahindra, Larsen & Toubro, TCS, Trent, BEL, Bajaj Finserv, HCL Tech, Tata Steel, ICICI Bank, Asian Paints, Mahindra & Mahindra, SBI, HDFC Bank, Axis Bank, NTPC, Adani Ports, ITC, Bharti Airtel, Kotak Mahindra Bank, and HUL. Only Sun Pharma and Titan were trading in the red.

Market experts attributed the rally to easing geopolitical tensions. According to US media reports, talks between the US and Iran have progressed, although some differences still remain.

Adding to the optimism, US President Donald Trump stated that leaders from Israel and Lebanon may engage in talks soon, raising hopes of broader regional stability.

Asian markets also traded higher, with Tokyo, Seoul, Hong Kong, and Shanghai all in positive territory. Meanwhile, US markets ended mixed on Wednesday, with the Dow Jones slipping 0.15%, while the tech-heavy Nasdaq surged 1.59%.

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