Indian equity markets closed sharply higher on Wednesday, with benchmark indices posting broad-based gains that defied escalating geopolitical tensions between the US and Iran.
The BSE Sensex surged nearly 600 points, while the Nifty 50 index rose 1.1% to close at 24,250.2.
Investors appeared to brush aside a surprise Iranian ballistic missile attack on US forces in West Asia, focusing instead on domestic momentum and sector-specific strength.
The technology sector led the charge, with the Nifty IT index rallying 2.3% for the fourth straight session.
This sustained outperformance in IT stocks boosted overall investor confidence, bucking a wave of selling pressure that had swept through AI-linked stocks across other parts of Asia.
The divergence highlights a growing decoupling of Indian tech valuations from broader regional sentiment, driven by robust domestic demand and global outsourcing tailwinds.