Sensex Soars 2,700 Points After US–Iran Ceasefire

Mumbai, India — April 8, 2026

Indian equity markets opened sharply higher on Wednesday, with benchmark indices rallying after the announcement of a ceasefire between the United States and Iran.

The upbeat global sentiment pushed the BSE Sensex up by more than 2,700 points in early trade, while the Nifty 50 surged 815 points to cross the 23,900 mark.

Ceasefire Boosts Market Sentiment

The rally comes after geopolitical tensions eased following a two-week ceasefire agreement between the U.S. and Iran, improving investor confidence globally.

Market participants reacted positively to reduced uncertainty in global energy markets and geopolitical risks, which often weigh heavily on emerging economies like India.

Rupee Strengthens Against US Dollar

The Indian currency also gained ground, appreciating by 50 paise to trade at 92.56 against the U.S. dollar in early trading.

Analysts attribute the rupee’s rise to improved risk appetite and stabilizing global conditions following the ceasefire announcement.

All Eyes on RBI Policy Decision

Investors are also closely watching the upcoming decision by the Reserve Bank of India’s Monetary Policy Committee (MPC), expected later in the day.

The policy outcome could further influence market direction, particularly in sectors sensitive to interest rate changes.

Top Gainers and Losers

Among the 30 Sensex-listed companies, InterGlobe Aviation emerged as the top gainer, with its shares rising nearly 10%.

Other major gainers included:

• Larsen & Toubro
• Bajaj Finance
• Adani Ports
• Bajaj Finserv
• Mahindra & Mahindra

Meanwhile, Tech Mahindra was the only major laggard in early trade.

Market Outlook

The sharp rally underscores how sensitive Indian markets remain to global geopolitical developments. While the ceasefire has provided immediate relief, investors are expected to remain cautious ahead of the RBI’s policy announcement and further global cues.