Indian equity markets rallied sharply Wednesday as Sensex and Nifty surged on global optimism and lower crude prices amid US-Iran diplomacy hopes. Gains were broad-based despite recent foreign outflows, with IT and aviation stocks leading the early advance across sectors
Indian equity markets surged in early trade, led by IT stocks tracking Wall Street gains. Sensex jumped 559 points and Nifty rose 157 points. Broad-based buying supported indices, though geopolitical tensions, firm crude prices and AI-related concerns kept overall sentiment cautious