Indian equity markets closed with solid gains on Monday, buoyed by a shift in global sentiment following reported progress in peace talks between the United States and Iran.
The benchmark Nifty 50 index finished the session 0.35% higher, while the broader Sensex rose 0.46%, reflecting a broad-based recovery in investor confidence.
The positive momentum was driven by strong buying interest in the pharmaceutical sector, which has been a consistent outperformer amid global health demand.
Additionally, domestic technology shares staged a sharp recovery, contributing to the overall market breadth.
The easing of geopolitical tensions in the Middle East appears to have reduced risk premiums across emerging markets, allowing capital to flow back into growth-sensitive sectors.
This rally follows a period of volatility linked to regional instability, with markets closely monitoring diplomatic developments for signs of sustained de-escalation.