KR Bharat

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Sensex, Nifty Rise as Hopes of US-Iran Deal Boost Market Sentiment

KR Bharat
2026-05-07

Indian stock markets traded higher on Thursday morning amid hopes of a possible peace deal between the US and Iran, lifting investor confidence globally. The Sensex surged nearly 380 points to touch an intraday high of 78,339, while the Nifty crossed 24,423 in early trade. Auto and metal stocks led the gains, while sectors like FMCG, Realty, and Private Banks witnessed mild selling pressure. Analysts said markets are reacting positively to reports that Iran is reviewing a US-backed peace proposal. However, experts cautioned that volatility may continue due to fluctuating crude oil prices and uncertainty surrounding the West Asia geopolitical crisis. Concerns over high valuations in the AI sector also remain a key risk factor for global investors. Meanwhile, Brent crude traded above $102 per barrel, while Asian and US markets also ended in positive territory.Indian stock markets traded higher on Thursday morning amid hopes of a possible peace deal between the US and Iran, lifting investor confidence globally. The Sensex surged nearly 380 points to touch an intraday high of 78,339, while the Nifty crossed 24,423 in early trade. Auto and metal stocks led the gains, while sectors like FMCG, Realty, and Private Banks witnessed mild selling pressure. Analysts said markets are reacting positively to reports that Iran is reviewing a US-backed peace proposal. However, experts cautioned that volatility may continue due to fluctuating crude oil prices and uncertainty surrounding the West Asia geopolitical crisis. Concerns over high valuations in the AI sector also remain a key risk factor for global investors. Meanwhile, Brent crude traded above $102 per barrel, while Asian and US markets also ended in positive territory.Indian stock markets traded higher on Thursday morning amid hopes of a possible peace deal between the US and Iran, lifting investor confidence globally. The Sensex surged nearly 380 points to touch an intraday high of 78,339, while the Nifty crossed 24,423 in early trade. Auto and metal stocks led the gains, while sectors like FMCG, Realty, and Private Banks witnessed mild selling pressure. Analysts said markets are reacting positively to reports that Iran is reviewing a US-backed peace proposal. However, experts cautioned that volatility may continue due to fluctuating crude oil prices and uncertainty surrounding the West Asia geopolitical crisis. Concerns over high valuations in the AI sector also remain a key risk factor for global investors. Meanwhile, Brent crude traded above $102 per barrel, while Asian and US markets also ended in positive territory.Indian stock markets traded higher on Thursday morning amid hopes of a possible peace deal between the US and Iran, lifting investor confidence globally. The Sensex surged nearly 380 points to touch an intraday high of 78,339, while the Nifty crossed 24,423 in early trade. Auto and metal stocks led the gains, while sectors like FMCG, Realty, and Private Banks witnessed mild selling pressure. Analysts said markets are reacting positively to reports that Iran is reviewing a US-backed peace proposal. However, experts cautioned that volatility may continue due to fluctuating crude oil prices and uncertainty surrounding the West Asia geopolitical crisis. Concerns over high valuations in the AI sector also remain a key risk factor for global investors. Meanwhile, Brent crude traded above $102 per barrel, while Asian and US markets also ended in positive territory.