The Indian stock market rallied sharply on Friday, with the Sensex and Nifty gaining 2% each, as hopes of a US-Iran peace deal, easing crude oil prices, and improving global sentiment lifted investor confidence.
Sensex surged over 1,695 points to close at 75,527.95, while Nifty50 jumped over 461 points to end the session at 23,622.90. The rally added around Rs 10 lakh crore to the combined market capitalisation of BSE-listed companies, taking the total market value to around Rs 462 lakh crore.