Indian shares opened on an upbeat note on Wednesday after the U.S. and Iran agreed to a two-week ceasefire, contingent on reopening the Strait of Hormuz, sending oil prices crashing.

The benchmark BSE Sensex was up 2,758 points, or 3.7 percent, at 77,374 in early trade ahead of the RBI’s monetary policy decision later in the day. The broader NSE Nifty index soared 802 points, or 3.5 percent, to 23,925.

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Indian Shares Surge After US-Iran Ceasefire

2026-04-08 04:35:01

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