--- title: "BUZZ-Indian shares surge over 3.5% on Iran ceasefire relief; Sensex eyes best day in 5 yrs" type: "News" locale: "en" url: "https://longbridge.com/en/news/281986186.md" datetime: "2026-04-08T06:35:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281986186.md) - [en](https://longbridge.com/en/news/281986186.md) - [zh-HK](https://longbridge.com/zh-HK/news/281986186.md) --- # BUZZ-Indian shares surge over 3.5% on Iran ceasefire relief; Sensex eyes best day in 5 yrs Indian benchmarks Nifty 50 (.NSEI) and Sensex (.BSESN) up 3.8% and 4% Nifty 50 set for best daily pct rise since May 2025, while Sensex on course for best day since February 2021 Global sentiment boosted after Trump agrees to two-week ceasefire with Iran; Tehran says it will provide safe passage through Strait of Hormuz if attacks stop Brent crude oil price drops to $94 per barrel (O/R) All 15 major domestic sectors trade in green; heavyweight financials up 5.7% Meanwhile, RBI kept key rates unchanged in first policy decision since Iran war began Other rate-sensitives like auto (.NIFTYAUTO) , consumer durables (.NIFTYCODU) and real estate (.NIFTYREAL) soar 6.8% and 5.2%, 7%, respectively; real estate also supported by strong pre-sales updates Auto stocks set for best day since April 9, 2020, while consumer durables headed for strongest session since October 7, 2021 Stocks with exposure to Middle East and oil prices lead gains; airline IndiGo (INGL.NS) surges 9.9%, while infra giant Larsen & Toubro (LART.NS) advances 7.2% ### Related Stocks - [PIN.US](https://longbridge.com/en/quote/PIN.US.md) - [NFTY.US](https://longbridge.com/en/quote/NFTY.US.md) - [IND.US](https://longbridge.com/en/quote/IND.US.md) - [1678.JP](https://longbridge.com/en/quote/1678.JP.md) ## Related News & Research - [Sugar Prices Erase Early Gains as USDA Projects a Sugar Surplus in India](https://longbridge.com/en/news/284809352.md) - [India’s Renewable Surge Cut Fossil Fuel Power Use in 2025](https://longbridge.com/en/news/284196549.md) - [Not clear if the US blockade on Iran is porous by design: Oil brokerage](https://longbridge.com/en/news/284163830.md) - [Iran eases internet curbs for businesses as blackout enters third month](https://longbridge.com/en/news/284363993.md) - [Pakistan PM says he spoke to Iran's President about regional situation](https://longbridge.com/en/news/284088836.md)