Indian equity markets surged over 1 percent Tuesday as geopolitical tensions eased. The Sensex jumped 1.34 percent to 73,671.61 while Nifty 50 climbed 1.41 percent to 22,829.90 after US President Donald Trump signaled a five-day halt to planned strikes on Iran's energy infrastructure. This diplomatic signal sparked hopes for engagement and pulled crude oil prices sharply lower by around 10 percent to $100 levels. The improved risk sentiment lifted Asian markets broadly, with South Korea's KOSPI surging nearly 4 percent and Japan's Nikkei advancing close to 3 percent. However, analysts warn underlying geopolitical uncertainty remains despite market optimism. Crude oil volatility may continue as diplomatic negotiations develop further.
