08.04.202604:23:34UTC+00Sensex Advances on US-Iran Truce

India’s BSE Sensex surged about 3.6% to 77,296 in early trade on Tuesday, mirroring a global equity rally after a US–Iran ceasefire eased geopolitical tensions and boosted risk appetite. The benchmark reached its highest level since March 11, following President Trump’s agreement to a conditional two-week truce with Iran, which helped push crude oil prices below $100 per barrel—a significant tailwind for India, one of the world’s largest oil importers.

Investors are also focused on the Reserve Bank of India’s policy decision due later today. Interest rates are widely expected to be left unchanged, a stance that could support liquidity conditions and help keep equities broadly steady in the near term.

All major sectors opened firmly in positive territory, led by financials, technology, and consumer durables. Market breadth was strong, with most actively traded stocks advancing. Standout gainers included InterGlobe (+10%), Larsen & Toubro (+7.1%), Titan (+5.2%), and HDFC (+4.3%). Declines were limited to a handful of names, among them Oil & Natural Gas, National Aluminum, Oil India, Coal India, Amir Chand, and Avenue Supermarts.