Sensex, Nifty surged nearly 4% following announcement of ceasefire agreement between Washington and Tehran

Delhi | April 8, 2026: Benchmark domestic equity indices surged nearly four per cent today, as oil prices declined following the announcement of a two-week ceasefire agreement between Washington and Tehran. The Sensex skyrocketed 2,946 points to close at 77,563, while Nifty jumped 874 points to settle at 23,997.

In the broader market on the National Stock Exchange, the Mid-cap 100 soared over 4 per cent, while the Small-cap 100 closed 4.4 per cent higher. Earlier, the markets opened sharply higher, with a gap up of over 3 per cent, following the temporary ceasefire announcement. Indices held onto gains throughout the session, buoyed by broad-based buying, and closed in the green for the fifth consecutive day. This marked the highest single-day gain for both indices since May 2025.

 

In the Sensex pack, shares of 27 out of 30 companies logged gains. Among top performers, Indigo surged nearly 8.2 per cent, Larsen and Toubro climbed over 7.6 per cent, and Bajaj Finance rose seven per cent. In contrast, Tech Mahindra slumped over 1.5 per cent, Sun Pharma lost 0.3 per cent, and PowerGrid dipped 0.2 per cent. Among the sectoral indices at the BSE, all sectors ended in the positive territory.

 

Among the top gainers, Realty soared nearly 6.8 per cent, Auto climbed over six and a half per cent, and Mid-Small Private Bank jumped more than 5.8 per cent. The overall market breadth at the BSE was positive, as shares of 3,859 companies advanced, 537 declined, and 101 remained unchanged.

- Newsonair