Indian stock markets surge on easing geopolitical tensions. The Sensex jumped 657 points to 77,675 and Nifty50 rallied 218 points to 24,251 in early trade Wednesday, driven by falling crude oil prices following US President Donald Trump's announcement of progress in Iran negotiations. The pause of Project Freedom, which escorts ships through the Strait of Hormuz, signals potential de-escalation in regional tensions that have pressured energy markets. Major gainers included InterGlobe Aviation, Mahindra & Mahindra, Trent, Bajaj Finance, and Tech Mahindra, while Larsen & Toubro and Hindustan Unilever declined. However, caution persists as Foreign Institutional Investors offloaded Rs 3,621.58 crore Tuesday, and broader blockade dynamics remain unresolved, keeping energy volatility a concern for market stability going forward.
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