Indian equities staged a dramatic rebound Wednesday as a US-Iran ceasefire deal banished war fears, propelling Sensex and Nifty to multi-percent gains. Opening bells rang loud: Sensex vaulted 3.58% or 2,674.05 points to 77,290.63; Nifty 50 surged 3.2% or 731.50 points to 23,855.15. Around 9:32 AM, momentum held with Sensex at 77,275.31 (up 3.56%) and Nifty at 23,896.60 (up 3.34%).
President Trump’s conditional two-week halt on attacks—tied to Iran’s Strait of Hormuz reopening—ignited the fire after two days of declines. Broad-based buying swept all sectors; realty, autos, banks, and pharmaceuticals led with gains touching 6%.
Nifty Midcap rose 3.25%, Smallcap 3.22%, while largecaps pushed higher. Volatility gauge India VIX cratered 19%. Standouts among Nifty heavyweights: IndiGo, L&T, Shriram Finance, Adani Ports, Tata Motors, M&M, Adani Enterprises, Bajaj Finance, Maruti. Contrarians like Coal India, ONGC, Tech Mahindra, Wipro, Sun Pharma, Hindalco slipped.
Spotlight shifts to RBI’s upcoming policy review for FY27, as foreign funds continue exiting amid tensions. Experts warn of lingering uncertainty: ‘Focus on risk controls; dip-buy select names in IT, banking, energy. Global signals will steer direction short-term.’
Trump’s direct quote captures the stakes: full, swift, secure Hormuz access for a 14-day bombing pause—mutual truce. Markets cheer the green shoots, but analysts eye if peace holds to sustain this bullish revival.
