Sensex jumps nearly 4%, Nifty surges over 800 points

Indian stock market witnessed major relief today, with equity benchmarks opening sharply higher, jumping more than 3% each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides.

Sensex climbed 3.71%, or 2,775 points, to 77,392 in early trade. Similarly, Nifty up 3.52% or 815 points to trade at 23,938 when the reports last came in.

All sectors witnessed a bounce-back and traded in the green. Sector-wise, real estate, auto, banking and pharma stocks traded up to 6 per cent higher.