Stock Market Close: Sensex surges nearly 900 points, Nifty crosses 24,700 amid optimism over easing US–Iran tensions

Stock Market Highlights, Thursday: The Nifty50 and Sensex delivered their strongest session since February 3, supported by sharp gains in the final trading hours. Indian benchmark equity indices recorded their best performance in more than a month as investor sentiment improved following indications of a possible resolution to tensions between the United States and Iran. According to reports, Iran’s Foreign Minister stated that the country could consider giving up its nuclear program if the US puts forward a mutually acceptable alternative proposal. The Nifty50 closed 1.17% higher, gaining 285.40 points to settle at 24,765.90, while the Sensex advanced 1.14%, rising 899.71 points to finish at 80,015.90. Top gainers on the Nifty50 included

, , and . The broader market outperformed the benchmark indices, with the Nifty MidCap index rising 1.52% and the Nifty SmallCap index climbing 1.58%. On the sectoral front, the Nifty Metal index led the gains with a 2.3% increase, while the Nifty Oil & Gas and Nifty Construction indices also ranked among the top sector performers. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.