Sensex gains 810 points as investors cheer up
Indian stock markets kicked off Tuesday with a big rally: Sensex shot up 810 points to 78,375, while Nifty jumped 253 points past the 24,200 mark.
This comes after a rough patch earlier in March when global tensions and foreign investor exits had dragged things down.
Market value up by ₹4.7 lakh crore
The rally added ₹4.7 lakh crore to India's market value, giving investors some much-needed relief.
Sectors like consumer durables led the gains, and top names like IndiGo and Asian Paints were up by around 2% to 3%.
Most sectors saw green except oil and gas.
Oil prices drop, boosting global sentiment
US President Donald Trump's comments about easing Iran tensions helped calm nerves globally.
Plus, oil prices dropped sharply (down 10%), making things look brighter for businesses and consumers alike.
The positive mood wasn't just local—Asian markets jumped too, with Japan's Nikkei up 2% and South Korea's Kospi soaring by 5%.