Indian markets opened higher Thursday on easing crude oil prices and US-Iran diplomatic optimism. The Sensex gained 363.96 points to 75,682.35, up 0.48 percent, while Nifty 50 rose 119.25 points to 23,778.25, advancing 0.50 percent. President Trump's comments that Iran negotiations were in final stages sparked global recovery, with Dow Jones rallying over 600 points and Asian markets surging. Brent crude futures traded at $105.79, up 0.29 percent, while MCX June crude oil futures climbed 1.08 percent to 9,565 rupees. Among gainers, Grasim Industries led Nifty 50 stocks with a 4.05 percent jump, followed by IndiGo rising 2.50 percent and defence stock BEL gaining 2.23 percent. Analysts suggest weakness in South Korean and Taiwanese markets could redirect foreign portfolio inflows toward Indian equities as investors reassess AI stock valuations globally.
