Benchmark domestic equity indices ended trading session with strong gains of nearly 1%

Benchmark domestic equity indices ended today’s trading session with strong gains of nearly one per cent. Investor sentiment improved following the announcement of a peace agreement between the United States and Iran. The Sensex surged 736 points to close at 76,264, while the Nifty jumped 231 points to settle at 23,854. In the broader market on the National Stock Exchange, the Midcap 100 index climbed 1.3 per cent, while the Smallcap 100 index advanced 1.1 per cent. The easing of geopolitical tensions triggered a sharp decline in global crude oil prices, boosting investors’ risk appetite and reinforcing hopes of lower inflationary pressures. Market participants welcomed the development, with broad-based buying seen across most sectors.