Indian benchmark indices surged on strong buying across IT, financials, and real estate, overcoming geopolitical concerns stemming from rising Middle East tensions. The Sensex climbed ~678 points (0.84%) to 81,796, while the Nifty closed near the 24,950 mark—driven mainly by IT (+1.6%) and banking sector gains—lifting all major sectors.
Analysts point to five key catalysts: dovish signals from the US Fed, easing US Treasury yields, bargain-hunting by domestic investors, global positive trends, and robust performance of blue-chip names. Despite crude price pressures, the rally showcases resilient investor sentiment.
