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The BSE Sensex was soaring, and on Wednesday, April 8, 2026, at the start of trade, romance spread on Dalal Street, with the BSE Sensex surging by almost 2,700 points after the news that the US had reached a two-week ceasefire with Iran. The benchmark index rose by a margin of over 2,600 points to about 77,290, and the NSE Nifty rose by over 700 points to above 23,855.

The relief in the global markets and the fall of crude oil prices below 100 barrels a day swept across the market, causing investors to gain income in 14.2 lakh crore of the market capitalization worth of investments in the first minute of trading. The Iran-defending ceasefire, consisting of a safe-passage offer via the Strait of Hormuz, calmed the upper-handed geopolitical stresses that vibrated investors over the previous few weeks.

Every sectoral index was green, with the Realty, Auto, Banking, and Metal shares showing the best returns. Analysts added that the severe decline in oil prices would improve the current account of India and had a negative impact on the cost of inputs of companies.

The rally moved further during the day, with the Sensex finally closing almost 2,950 points up. Posts that could follow as concerns US-Iran negotiations and the monetary policy move by the RBI will now come under keen market monitoring.