Markets Rally as Sensex Surges 2,850 Points Amid Oil Slide and Iran Ceasefire Hopes

Brief By News18 / 11:16 AM on 08 Apr 2026

Indian markets soared on Wednesday, with Sensex jumping 2,850 points and Nifty crossing 22,900, driven by falling crude prices and easing geopolitical tensions. Gains followed signals of a US-Iran ceasefire and stable RBI policy outlook. Banking and financial stocks led the rally, while IT lagged, as investors tracked global cues and central bank signals.