Benchmark stock market indices ended Wednesday’s session with strong gains as positive global signals lifted investor confidence. Reports of renewed negotiations between the United States and Iran encouraged buying in equities. The improved global outlook pushed investors to increase their exposure in several sectors. As a result, both key indices closed the day significantly higher.
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The S&P BSE Sensex climbed 1,263.67 points and settled at 78,111.24 by the end of the trading session. At the same time, the NSE Nifty50 also finished in the green and closed at 24,231.30. Strong participation from investors supported the rally throughout the day. Buying activity remained visible across multiple sectors.
Market sentiment improved after reports suggested that the US and Iran may resume diplomatic talks. Analysts said the possibility of negotiations helped ease concerns about supply disruptions in the oil market. This optimism pushed global oil prices below the USD 100 level. The development contributed to a positive environment in global and domestic equity markets.
Vinod Nair, Head of Research at Geojit Investments Limited, said investors remained confident despite a muted outlook for the fourth quarter. He noted that attractive valuations and expectations of stronger earnings growth in FY27 continued to support the market. Investors focused on long-term growth opportunities while making buying decisions. Analysts believe this positive trend may continue in the coming sessions.
Several stocks recorded notable gains during the trading session. InterGlobe Aviation emerged as the top gainer on the Sensex with a jump of 4.63%. Eternal Ltd followed closely with a rise of 4.36%. Power Grid Corporation of India also gained 4.11%, while Tech Mahindra and Tata Consultancy Services posted solid increases.
A few stocks, however, ended the day with slight declines. Bharti Airtel recorded the biggest drop among Sensex constituents, falling 0.64%. ICICI Bank also slipped marginally and closed 0.20% lower. Despite these losses, the overall market sentiment remained firmly positive.
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Sectoral indices largely moved higher as strong demand expectations supported the Power and Consumer Durables sectors. At the same time, easing global risk sentiment helped the IT sector outperform other industries. Analysts also pointed to the decline in India’s 10-year bond yield and the drop in India VIX as signs of improving market stability.