Mumbai, April 6, 2026:<\/strong> The benchmark Nifty 50 climbed 255 points, or 1.12 per cent, to close at 22,968.25, while the BSE Sensex surged 787 points, or 1.07 per cent, to settle at 74,106.85.<\/p>\n\n\n\n Market participants remained optimistic following reports suggesting that both the US and Iran have received a proposal aimed at ending hostilities. The reported framework includes a two-stage deal, with a possible ceasefire agreement expected within 15 to 120 days. The proposal is also said to include nuclear restrictions and sanctions relief, under what is being referred to as the \u201cIslamabad Accord.\u201d<\/p>\n\n\n\n Analysts noted that easing geopolitical tensions could help stabilise global markets, particularly by reducing volatility in crude oil prices and improving capital flows into emerging economies like India.<\/p>\n\n\n\n From a technical perspective, experts highlighted that the Nifty is approaching a crucial resistance level near 23,000. \u201cA sustained move above this level could pave the way for further upside towards 23,200,\u201d an analyst said.<\/p>\n\n\n\n On the downside, immediate support is seen in the 22,800\u201322,750 range, which has now turned into a support zone after acting as resistance earlier. A stronger base is also placed around the 22,550 level, which served as a demand zone during the session.<\/p>\n\n\n\n Among individual stocks, Trent, SBI Life Insurance Company, and Titan Company led the gains on the Nifty, indicating strong buying interest across sectors.<\/p>\n\n\n\n The broader market also participated in the rally, with the Nifty MidCap index rising 1.52 per cent and the Nifty SmallCap index gaining 1.29 per cent.<\/p>\n\n\n\n Sector-wise, construction and banking stocks were the top performers. The Nifty Construction Durable index outperformed other sectoral indices, while the Nifty PSU Bank and Nifty Bank indices also recorded notable gains.<\/p>\n\n\n\n However, the Nifty Oil and Gas index underperformed the broader market, likely due to ongoing volatility in crude oil prices amid geopolitical developments.<\/p>\n\n\n\n Overall, market momentum remained positive as investors continued to track global cues and diplomatic developments, which are expected to play a crucial role in shaping near-term market trends.<\/p>\n","protected":false},"excerpt":{"rendered":" Mumbai, April 6, 2026:Indian equity markets extended their winning streak for the third consecutive session on Monday, supported by improving global sentiment amid hopes of a potential de-escalation in tensions between the United States and Iran. The benchmark Nifty 50 climbed 255 points, or 1.12 per cent, to close at 22,968.25, while the BSE Sensex […]<\/p>\n","protected":false},"author":1,"featured_media":27370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-27366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\n
Indian equity markets extended their winning streak for the third consecutive session on Monday, supported by improving global sentiment amid hopes of a potential de-escalation in tensions between the United States and Iran.<\/p>\n\n\n\n