Brief By NDTV News / 12:13 PM on 25 May 2026
Indian stock markets rallied sharply on Monday, with Sensex soaring over 850 points and Nifty climbing nearly 250 points in early trade. The surge followed a decline in crude oil prices below $100 per barrel after US President Donald Trump claimed Washington and Tehran had largely negotiated a peace understanding to reopen the Strait of Hormuz.