Indian equity markets opened higher on Monday, with the benchmark Nifty 50 index rising 0.44% and the Sensex adding 360.85 points to trade at 77,163.75.
The positive start reflects a shift in investor sentiment as geopolitical risks appear to be moderating, though energy sector headwinds remain a factor.
However, the gains were tempered by a rise in crude oil prices, which added pressure to energy-sensitive stocks and limited the upside for the broader index.
The rally was primarily driven by strength in the information technology sector, which led the broader market higher.
This sectoral outperformance suggests investors are rotating into growth-oriented names as risk appetite improves.
However, the gains were tempered by a rise in crude oil prices, which added pressure to energy-sensitive stocks and limited the upside for the broader index.
The market movement comes against the backdrop of advancing diplomatic negotiations between the United States and Iran.