15.04.202604:15:11UTC+00Sensex Rebounds on US-Iran Deal Hopes

India’s BSE Sensex climbed about 1.5% to 78,010 on Wednesday, rebounding from the previous session’s losses and broadly tracking gains across Asian markets. Sentiment was supported by renewed hopes for US–Iran peace talks, which pushed global oil prices back below $100 per barrel. US President Trump indicated that negotiations with Iran, which had collapsed over the weekend, could resume in Pakistan within the next two days, bolstering expectations of a de-escalation in geopolitical tensions.

On the corporate front, ICICI Prudential AMC reported strong profit growth driven by robust retail inflows, while Swaraj Engines posted solid earnings, underscoring resilient rural demand. Hindustan Zinc secured a new mineral block, strengthening its resource base, and HG Infra Engineering won a 5.19 billion rupee contract, pointing to sustained momentum in India’s financial, industrial, and infrastructure sectors.

Among major stocks, HDFC Bank, Bharti Airtel, Vedanta, and Reliance Industries advanced between 0.6% and 1.7%. Infosys gained 3.3%, Hindalco added 3.8%, and Billionbrains surged 5.3%.