{"id":8245,"date":"2026-05-06T10:42:45","date_gmt":"2026-05-06T05:12:45","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=8245"},"modified":"2026-05-06T10:42:45","modified_gmt":"2026-05-06T05:12:45","slug":"sensex-over-450-points-nifty-nears-24200","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/sensex-over-450-points-nifty-nears-24200\/","title":{"rendered":"Sensex Gains Over 450 Points, Nifty Nears 24,200 as Hopes of US\u2013Iran Peace Deal Lift Sentiment"},"content":{"rendered":"\n

Indian equity markets traded firmly higher on Wednesday, with benchmark indices rebounding sharply as easing geopolitical tensions and cooling crude oil prices improved investor sentiment.<\/p>\n\n\n\n

At around 9:30 am, the Sensex surged over 450 points to 77,466, while the Nifty climbed near the 24,200 mark, reflecting renewed risk appetite after days of volatility-driven pressure.<\/p>\n\n\n\n

The rally was driven primarily by optimism surrounding a possible US\u2013Iran peace agreement. Investor sentiment strengthened after US President Donald <\/a>Trump indicated that \u201cgreat progress\u201d had been made toward a comprehensive deal with Iran and announced a pause in \u201cProject Freedom,\u201d the military operation aimed at securing shipping routes through the Strait of Hormuz.<\/p>\n\n\n\n

That single development altered the tone of the market.<\/p>\n\n\n\n

Just days ago, fears of escalating conflict had pushed crude oil prices sharply higher and triggered broad-based selling across global equities. Now, the possibility of de-escalation is beginning to reverse that pressure.<\/p>\n\n\n\n

Oil markets responded immediately.<\/p>\n\n\n\n

Brent crude cooled to nearly $108 per barrel after touching around $115 earlier this week, easing concerns over inflation, India\u2019s import bill, and pressure on corporate margins. For Indian markets, which remain highly sensitive to crude price movements, this decline acted as a significant relief factor.<\/p>\n\n\n\n

Another key indicator also signaled improving sentiment.<\/p>\n\n\n\n

India VIX<\/a>, often referred to as the market\u2019s fear gauge, declined more than 2% to near the 17.5 level, indicating reduced volatility expectations and a gradual return of risk-taking activity.<\/p>\n\n\n\n

Sectorally, buying interest was visible across broader markets, particularly in rate-sensitive and cyclical segments that had witnessed heavy pressure in previous sessions. The recovery reflected not only short covering but also renewed confidence after fears of a deeper correction eased.<\/p>\n\n\n\n

Technical indicators also showed signs of stabilization.<\/p>\n\n\n\n

According to market strategists, the Nifty\u2019s ability to recover from lower support zones and sustain above the 24,150 region is being viewed as a constructive signal in the near term. However, analysts continue to watch the 24,334 level closely, which could act as a confirmation point for stronger upside momentum.<\/p>\n\n\n\n

Despite the rebound, market participants remain cautious.<\/p>\n\n\n\n

The current recovery is being driven largely by easing external pressures rather than a complete improvement in underlying macro conditions. Investors are still closely monitoring geopolitical developments, crude oil movement, currency stability, and the ongoing earnings season for clearer direction.<\/p>\n\n\n\n

For now, however, the market has shifted away from panic and back toward possibility.<\/p>\n\n\n\n

And that shift alone was enough to bring buyers back into the trade.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Indian equity markets traded firmly higher on Wednesday, with benchmark indices rebounding sharply as easing geopolitical tensions and cooling crude oil prices improved investor sentiment. At around 9:30 am, the Sensex surged over 450 points to 77,466, while the Nifty climbed near the 24,200 mark, reflecting renewed risk appetite after days of volatility-driven pressure. The […]<\/p>\n","protected":false},"author":3,"featured_media":8246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50,1],"tags":[],"class_list":["post-8245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/8245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=8245"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/8245\/revisions"}],"predecessor-version":[{"id":8247,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/8245\/revisions\/8247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/8246"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=8245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=8245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=8245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}