By- Divyanshi Sinha
Indian benchmark indices roared back Monday with Sensex jumping 787 points (1.07%) to close at 74,106 and Nifty soaring 255 points (1.12%) to 22,968—fueled by whispers of a US-Iran Strait truce lifting global oil fears that hammered markets last week. Banking heavyweights Axis Bank (+3.96%), Shriram Finance (+4.09%), and HDFC duo powered the rebound, while Trent stole show with 7.98% gains on blockbuster Q4 numbers showing 35% revenue pop from Zudio expansion.
Nifty's magic near 23,000 reignites bull hopes after Hormuz blockade shaved 5% off peaks—Trent, Titan (+3.64%), and L&T (+3.18%) led consumer/auto pack as ceasefire buzz eased diesel worries jacking logistics 12%. Reliance bucked trend, sliding 3.4% on muted Jio tariff hike buzz, while ONGC (-1.87%) lagged energy laggards. Broader markets shone: BSE Midcap up 1.8%, smallcaps 2.1% as FIIs flipped to net buyers (Rs 2,800 cr) chasing ceasefire dip.
Mumbai's Dalal Street pulsed with optimism—trading volumes spiked 25% as HNIs piled into IT (TCS +2.5%) betting on Microsoft-Japan deals spilling contracts. Experts eye 75,000 Sensex by April end if straits reopen, but caution lingers: Trump’s "Tuesday deadline" looms, Brent volatility at 15-month highs. For retail investors, it's buy-the-rally time: SIP flows hit record Rs 25,000 cr monthly. This bounce isn't noise—it's markets betting on de-escalation, turning geopolitical panic into portfolio profits.
