- By Aditya Pratap Singh
- Wed, 06 May 2026 04:00 PM (IST)
- Source:JND
Sensex, Nifty Today: The domestic equity Indices settled sharply higher amid easing oil prices due to signs of ease in geo-political conditions on renewed optimism around US-Iran peace talks. BSE Sensex closed at 77,958.52, up 940.73 points or 1.22 per cent. Nifty50 ended the session at 24,330.95, up 298.15 points or 1.24 per cent.
Top Gainers And Losers
Indigo, Trent, Asian Paints, State Bank of India, HDFC Bank and Eternal were among the top gainers from the 30-share Sensex pack. Reliance Industries, Larsen & Toubro, Power Grid and NTPC were among the top losers.
"Indian equity markets closed on a firm positive note as renewed optimism around a U.S.-Iran peace deal and easing energy prices provided the necessary catalyst. The Nifty faced selling pressure through the first half before staging a strong bullish rally in the second, reversing all losses and closing firmly in the green, up above 1.3%, as improving sentiment drew sustained buying interest through the latter half of the session," said Ponmudi R, CEO of Enrich Money.
"Trump's decision to pause Project Freedom, the plan to guide ships through the Strait that had threatened the fragile ceasefire, alongside reports of the U.S. and Iran closing in on a one-page MOU to end the war collectively eased near-term escalation fears and renewed hope for a peace deal, driving a broad-based advance across global markets as most markets ended firmly in the green and energy prices slid on expectations of easing supply disruptions," he added.
Brent crude, the global oil benchmark, tumbled over 8 per cent to trade at a level of $100-$101per barrel.