Stock Market Today Highlights: The Indian stock market closed with strong gains on Wednesday, following a rally in global markets, amid optimism over the resumption of US-Iran peace talks. The Sensex ended 1263.67 points or 1.64% higher across the board buying. The Nifty 50 index, meanwhile, closed at 24,231, up 389 points or 1.63% Broader markets outperformed the frontline indices. The Nifty Smallcap 100 index and the Nifty Midcap 100 index closed over 2% each. All the sectoral indices were trading in the green, with the Nifty IT emerging as the best performer following a massive 2.8% rise. Nifty Media and Nifty Realty also added over 2% each. Signs of de-escalation in the US-Iran war improved investor risk-appetite after US President Donald Trump told the New York Post that the talks to end the Iran war could resume in Pakistan over the next two days.

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