India’s BSE Sensex rose sharply, up about 3.6% to 77,296 in early trade on Tuesday, tracking a global market rally after a US-Iran ceasefire eased geopolitical tensions and lifted risk appetite. The index hit its highest level since March 11, after President Trump agreed to a conditional two-week ceasefire with Iran, helping push oil prices below $100 per barrel, a significant positive for India as a major oil importer. Market participants also await the Reserve Bank of India’s policy decision, due later today, with rates widely expected to remain unchanged, which could support liquidity and keep equities broadly stable in the near term. All stock sectors opened in the green, led by financials, technology, and consumer durables. Most active stocks advanced, with notable gainers including InterGlobe (+10%), Larsen & Toubro (+7.1%), Titan (+5.2%), and HDFC (+4.3%), while only Oil & Natural Gas, National Aluminum, Oil India, Coal India, Amir Chand, and Avenue Supermarts posted declines.
