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Indices rebound as US pauses Iran strikes

Business Standard

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March 25, 2026

Gains capped as oil recoups losses; uncertainty around W Asia war persists

- SUNDAR SETHURAMAN

Indian equities staged a relief rally on Tuesday after US President Donald Trump postponed a planned strike on Iran’s energy infrastructure by five days, citing productive conversations with Tehran.

However, gains remained capped as oil prices stayed elevated and hostilities between Iran and Israel persisted.

The Sensex surged as much as 1,793 points, or 2.5 per cent, during the session before paring gains to close at 74,069, up 1,372 points, or 1.9 per cent. The Nifty ended at 22,912, higher by 400 points, or 1.8 per cent. Both indices logged their strongest gains since February 3. The market capitalisation of BSE-listed firms increased by ₹7.6 trillion to ₹423 trillion.

A day earlier, the Sensex had closed at its lowest level since June 2024, while the Nifty had ended at its lowest close since April 2025.

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